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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (40858)	2/2/2010 4:09:45 PM
From: DuckTapeSunroof	1 Recommendation Respond to of 71588

Re: "But you are right that some large action will need to be done to reduce deficits if we are going to restore fiscal sanity, and that if we put it off for a long time than the action would have to be even larger." Yep! Re: "I would add that spending cuts are necessary. We can't reasonably increase taxes enough to cover all the planned spending." I agree: Let's start by making sure that ALL of the spending cuts that are presented in this budget actually get CUT. No back-sliding by the fans of deficit spending! This budget projects that the deficit will rapidly decline by nearly half in three to four years, (from 2010's $1.6 Trillion deficit, to $1.3T. in 2011, to $0.8T. in 2012, to $0.7T. in 2013). After which the improvement stalls out. Well before then we will have to have even more serious medicine enacted to continue the improvement.