Isnt the national debt something we can all agree on?

How's this for a "Solid Way Out?"

To break Even on Mr. Obama's Proposed FY 2013 Budget we'd have to do the Following:

Increase Personal Income Tax, Corporate Tax and Capital Tax Revenues by 50% on every Man, Woman, Corporation and Investor in AMERICA.

Cut Spending on Welfare, Defense, Medicaid, Social Security Retirement, Medicare and Education by 20% each.

Those are the 2 steps that would be Required to have a NULL Balance for FY 2013.

We'd have to RAISE Taxes even More, and Increase CUTS even More to start Paying DOWN the $16.2 Trillion we are already in Debt.

EDIT: was that a good "Well, D***, nice one!" or a "Well, D***, another Conservative with No Plan or Numbers, just Rhetoric?" lol

@ Ry Guy: Yep, Conservatives will not go for it, nor would Liberals.. But a few MODERATE Republicans and Democrats who ACTUALLY are Representative of the Bulk of Americans could do it. Unfortunately, the Repubs think we have to Combat a Radical Liberal/Progressive with just a Radical Conservative/Religious Right Winger, and all that does is FURTHER Divide us along our Poles. Oh, and I have to point out that YES, during Mr. Clinton's years we had a Surplus, but that was with 6 years of House and Senate Control by Republicans. Mr. Obama did virtually Nothing to Eliminate Loopholes and Unfair Credits and Deductions, NOR did he do anything about Waste in Social Programs and Defense in the TWO Years, he had the support of BOTH Houses. I have little HOPE of Moderate Solutions to our troubles, or in the Next 4 under Mr. Obama. Same can be said for a "Conservative" Choice either. Thanks for your interest, it is obvious that although we may differ on some points, be are both after The Solution.

Last EDIT, sorry, they said "No Increase in Taxes without Compensatory Attempts to Decrease Spending on Social Programs." That part I tend to agree with. We have to be Responsible in our Spending and show a willingness to Take a Bit of Pain, as well as Play Through the Pain of Paying a bit More or their is no FIX to the Situation.

Clinton in no way created a real surplus, it replaced right into a projected surplus. It replaced right into a "what if" state of affairs the place each little thing only worked out, I.E. no dot com bust and no housing bust. you already know that 2 trillion that have been given "lost" interior the financial crash? That replaced into Clinton's surplus.... we've a extensive debt, their are 2 a thank you to deal with this: attempt to pay it off quicker by accumulating greater tax revenues improve the economy so as that over the years the dimensions of the debt will become much less of an argument. The Republican tactic is plan B, improve the dimensions of the economy. you will no longer improve an economy by raising taxes or increasing rules. Assuming that for the duration of a few unspecified time interior the destiny in time interior the destiny the debt is payed off, i could incredibly united statesa. had a good larger economy that replaced into greater able than a smaller one that had a a thank you to circulate.

Look Obama wants to cut the deficit, but you can't get the economy going without putting money into it. The only way to put money into it is to spend or cut taxes, which raise the deficit.

The economy is turning around, Obama will get the debt turned around in his second term. Remmeber the balanced budget under Clinton?

he was a dem

I trust obama with that more than any republicans

edit-I agree, you have to cut spending, but you ALSO have to raise taxes. It can't be one or the other, it has to be BOTH. most of the republicans in office signed a no tax pledge saying they wont' raise taxes no matter what.

Its gotta be both, not just one or the other. And many dems, INCLUDING OBAMA said he would be willing to cut entitlements as long as there are tax increases. It should be both agree?

Proof Obama is for both raised taxes and cut gov spending:

http://www.nytimes.com/2011/09/19/us/politics/obam...

That has always been obama's plan ^^^ The reason nothing got done last year was because of the Radical tea partiers on the right last september who wouldn't negotiate at all. The tea party wanted all cuts in spending, but if they really cared about the country they would have negotiated and got a deal done which includes both tax increases and cuts in gov spending. But they figured that if America fails then Obama fails. So they didn't negotiate at all. Thus no deal got done.

Obama has tried though.

@ the solution, that would work, but Republicans would NEVER go along with it. Why? Cause they said "absolutely no increase in taxes".

edit:this explains the tax pledge right here:

http://www.youtube.com/watch?v=K25kqP0YdZ0

Once you take into account state revenue, national resources and trillions of dollars in securities, the national debt is small relative to the major investment firms. Of course they call their debt "leverage". That's why the t-bond is a more conservative financial instrument.

For one who is so concerned with the debt - have you ever stopped to add up how much revenue the US generates and estimated it's total asset worth? Then compared that to the debt of a homeowner that takes out a mortgage...? Give it an honest try sometime. You will be shocked by how mundane this issue actually is.

And if we are going to talk Presidents, every Democrat in the last 60 years has left office with a balanced budget. Every Republican has left with record setting debt and skyrocketing deficit. It all started with Nixon.

I like a Ron Paul a lot too. But the debt issue is overblown when you think of it in terms of decades.

Sure.

We can agree not to demagog it, just the way we agreed on that when President Ronald Retard skyrocketed the debt.

As for Ron, the con man, Paul, he's got enough skeletons in his closet to start an avalanche.

Simple solution, cut wasteful spending that doesn't help people and raise taxes.

Ron Paul would have ZERO delegates if some states didn't give them proportionally! he's irrelevant!

the only thing I will agree with is we have one, and it is big, and until we get more revenue it will continue to get bigger

No. You can't eliminate the fed and plunge us into pre-great depression chaos. Sorry.

No