The evidence of America’s fiscal brokenness is everywhere and the notion of “fiscal discipline” itself might as well be in a time capsule. Congress considers no budgets. Legislation never hits against cost limitations. And every partisan disagreement is “solved” simply by spending more on the pet programs of the opposing party.
So yes, the need for a budget—a fiscal plan—could not be more immediate. But there are some serious challenges facing any renewed effort to deal with the nation’s fiscal nightmare, and any budget intended for results must consider these.