The massive deficit spending didn't start overnight, and it's not going to stop all at one time either. That's reality. You are kidding yourself if you think anyone is going to wave a magic wand and stop all the deficit spending. Like I said, Paul Ryan's plan is far and away the best start anyone has come up with. Any deficit\debt plan has to be a spending reduction plan. Raising taxes to try and match the spending is like giving crack to a heroine addict. They would only use any increased revenues to continue the spending spree and try and maintain the out of control deficit spending.
Its the best plan out, but its not the best plan generally speaking. Again, in the late 90's we had a budget surplus. Ryan plan has no budget surplus, so its flawed. Why not just adopted what we did in the 90's to fix the problem.
We should, but the problem is that the Republicans (for good reasons) don't want any tax increases. But tax increase and cuts got us the budget surplus. Trust me, I hate taxes on anyone, but neither party is going to agree to enough cuts, so its going to have to be both tax increase and cuts to get a budget surplus. So who gets the tax increase? I say get rid of corporate loopholes, and take the tax rate back to the Clinton Yrs for those who make over 1 million a yr. Its the only solution.
And for those who say the rich pay most of the taxes, yes its true, but they also have most of the wealth too. The US has ALWAYS had a system in which you make more, you pay more.
Holy cow! I can't believe this, but I agree with JT......again. What's this world coming to. Just kidding!
Yes, in order to curb the monumental beaurocracy that is Washington, and their unrestrained spending, there will definitely have to be some unpopular cuts and increased revenue. The problem is I don't think ANY of the elected officials have the intestinal fortitude to do it. Paul Ryan's plan is a step in the right direction, but it'll fall by the wayside because of the opposition. Somebody needs to moderate between the aisles, and BOTH parties will have to agree on spending cuts and increased taxes to balance the budget.
lol. Im not as liberal as some think.