Congress has spent the summer in the thrall of a weird kind of giddiness. The discovery that the budget surplus may be a trillion dollars larger than previously believed has prompted visions of a kind of domestic End of History. No more scrimping and scrounging: there is talk of new tax cuts, paying off the national debt, new prescription drug coverage, and, well, pretty much anything anybody wants.
Yet somehow, even while it dreams of untold abundance, Congress finds… more