[KoRn]

"And you really believe the gubmint would cut the spending as well as cut the taxes when the fiscal house was in order?"

No, of course not. lol That would require a bit of pain and sacrifice on the part of our pampered citizens and would require politicians to actually become leaders.

I know that raising taxes is bad bad bad, but the money has ALREADY BEEN SPENT! We're up to our eyeballs in debt folks. We're so far in debt, it can't be paid with current revenues. Spending MUST be materially cut, and more revenue needs to come in from somewhere to balance the budget.

If this budget debacle is ever settled, going forward, we should NEVER spend a dime more than we bring in with CURRENT tax revenue, barring a state of war/facing annihilation.

[HANG THE EXPENSE]

When a country has an overbearing gubmint such as ours the citizenry is anything but pampered.Grow/allow the private sector to flourish and put the new revenue towards the debt.Raising taxes would be counter productive.