While the budget resolution is a nonbinding blueprint, it is, nevertheless, an important guideline for Congress. Once the President's proposed budget is received by Congress on the first Monday of February, Congress generally goes to work on appropriating the funds required.
I've criticized Republicans for their lack of fiscal discipline when they controlled Congress before 2007. However, that is no excuse to just continue with more of the same or, as the case is now, to make it worse. Under House Speaker Nancy Pelosi's budget, we will double the national debt in five years and triple it in 10.
During the 1990s the United States sought to impose the 'Washington Consensus' on Latin American governments. It embodied what Latin Americans call 'neo-liberal' principles: budget cuts, privatization, deregulation of business, and incentives for foreign companies. This campaign sparked bitter resistance and ultimately collapsed.
What happens is you submit your script with an idea of what the budget might be, and the financier will offer you less than that. In order to do it for less, it means cutting out the art, usually.
A budget matters to Americans who can't afford to see their taxes go up or lose the jobs that would be destroyed in the process.
I don't think we should label budgets even before the budget is presented.
I grew up working in Canada so everything was low budget.