A balanced budget seems like a good idea to me. How about to you? Currently the federal government borrows MORE than 50% of all the money it spends. I do not see why the average Chinese worker will want to work hard forever just to buy US and Japanese debt paper. In order to balance the federal budget we would need to cut military, social security and medicare more than in half. I understand the pols will keep borrowing from the hard working Chinese until they wise up, no complaint there, but then what?