Raise the debt ceiling by ten percent of the cuts in current spending, not out year projections, but actual spending; or by $2 billion per day for the balance of the fiscal year followed by an increase of $365.25 billion for the next fiscal year after the next budget has passed. If Congress can't make it on borrowing a billion a day, then they don't need to make it because it's already too late. This bunk about a trillion here and a trillion there has to go. Stop playing the democrat fascist game of looking down the road and focus on what is getting cut this fiscal year and a limited increase in the debt ceiling to last through this fiscal year. Let the fascists and the media panic and whine, they're going to anyway. Next fiscal year, we should present a balanced budget that doesn't exceed the expenditures for the 2006 budget but does have a large number of agencies, departments, grants, and czars cut from it. Those cuts will leave more than enough to make minor increases over 2006 figures where needed. Really needed, not needed to buy votes or save a district for the party come November.
There's no reason, for example, for the Office of the President to be on an unlimited budget. Having a little box on the mantle in the Oval Office full of cash for unlimited fuel, pocket money, and bribe money, isn't reasonable. Should some important State occasion arise, the President can ask for additional funds specifically for that purpose. Nor is the sort of budget for the First Lady that now exists. Enough already, we aren't supposed to have royalty and only royalty needs an unlimited supply of rose petals to be strewn in the path of the Emperor It's just insane that the Office of the President can burn through millions upon millions and pretend that any limit is an attempt treat the Executive Branch as less than an equal branch of government.