[Owen]

This is fine. Have those revenue increases over 10 yrs, with them triggering no sooner than year 7.

The SPENDING CUTS, however, MUST BE FRONT LOADED. No less than $400 Billion FY 2012 in deficit reduction from spending cuts.

This is the key to the whole matter. FRONT LOAD THE CUTS! Minimum $400 BILLION in deficit cuts for FY2012, all from spending cuts. The revenue increase over 10 yrs triggers no sooner than 2018.

[Qbert]

"This is fine. Have those revenue increases over 10 yrs, with them triggering no sooner than year 7.

The SPENDING CUTS, however, MUST BE FRONT LOADED. No less than $400 Billion FY 2012 in deficit reduction from spending cuts."

-Yeah, that's really going to happen...

The more likely result: Stupid Party gets suckered into increasing "revenues" in early years, and supposed Trillion dollar cuts get backloaded to later years... and wind up never going into effect with subsequent congresses. American people get the shaft, once again.