I believe that balancing the budget will help all subsections of the government by getting them the money they need to run properly. NASA, for example, had their budget cut and now has to rely on private companies to carry out the space exploring our government cannot afford to pay for, but pur people can.
There are basically two approaches to solving the deficit problem. Spend more to stimulate growth and slow the deficit that way, or spend less and hoping that decreases the deficit. I see it as we are coming out of a devastating recession, with a stagnant economy. Not spending would keep us where we were. We needed to grow, and in order to grow, we needed to spend. Now can I budget be balanced while having to spend? Maybe. But with the amount of money we have to spend, it would be hard. I believe, right now, forcing a balanced budget can hurt the economy.