Paging Mark Udall

Colorado Senator Mark Udall, in a press release:

"Government should live by the same budgeting rules that hardworking Colorado families follow every day."

Which are...?

Would it really be a good idea to treat the federal budget the same as an individual's budget?

Also, the good people of Colorado are, thankfully, allowed to take out loans and spend the money. As can the federal government. So Udall's line doesn't even make sense in the direction he wants it to.