There's no fiscal restraint right now. Nobody is even thinking about it.
This could be one of those fiscal crossroads moments.
In a way, you've left yourself no choice, because the budget, as it turned out, wasn't any better prepared than New Orleans.
Unanimously, the budget groups in Washington have been calling for offsets, ... But only a few members of Congress seem willing to do it.
The Gore approach to budget surpluses is much more prudent; the Bush approach to structural reforms of the entitlement programs is more promising. They have set up a good dichotomy that people can look at.
This is where they have to make it all add up, and it doesn't.
It's a lot of bang for not much buck. It doesn't bode well for more substantial deficit-reduction bills that are needed.
This is obviously a very expensive proposition, and it hits in red states, so Republicans will be foremost among those pushing for relief.
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