Even a freeze would not balance the budget because of increases in items like S.S., which will increase 5% for retirees, increases in Medicare and Medicaid, increases on the interest on the national debt, etc. Around 70 % of the budget is set in stone. The remainder can be cut like defense and the military .
There is no way that a Democratic controlled congress is going to allow the President to cut any social programs or give aways like NPR and the Arts. The President might be able to consolidate agencies but eliminating any program, grant, farm subsidy, etc will be a hard sell.
Politicians have not figured out that revenues from Federal Income Tax will be down this year. Millions will be taking credit on their return for$3k capital losses on their stocks. With unemployment up, the total amount of refunds issued for 2008 will be greater than previous years.
The balanced budget sounds good; I don't blame the Repubs for playing the same game as Obama. Obama promises pie in the sky and money falling from heaven which in reality means I am going to stick it to you middle and upper class suckers if I am elected. .