James Pethokoukis makes the case against balancing the federal budget in ten years:
The BB-10 effort also distracts from the more important goal of constructing a broad portfolio of ideas — taxes, immigration, public investment, consumer-driven health care — that would increase economic growth, broadly raise incomes, and help solve real-world problems in the lives of average Americans. Majority Leader Eric Cantor’s recent speech at AEI was a good start. Expanding up it would be both smart politics and policy.
He’s right.