When I drove off in my 1996 Legacy I used the brakes very gently a couple times then saw the Brake indicator lamp and pushed the brake pedal... It went easily to the floor and then I got about 5 percent of normal braking action. So it seems that a problem affects both sides of the dual system. There is still fluid in the reservoir and no evidence of leaks in the engine compartment. (And yes, I went and got my other vehicle and have not driven it anywhere since.)
What could cause this? Could it be something simple like a fuse or belt? Something not too expensive? Or is it probably something big that is not worth putting that much money into a car that has gone most of the way to the moon?