Deer Jeb - it seems to me that if’n you was to cut $10 in spendin’, you ain’t gunna need to raise $1 in taxes. Nuff said.
With the Democrats, when they get serious about budget deficit reduction, that means $1 in tax increases for $4 (or more) in spending increases (euphemistically called “painful cuts”). Of course, the tax increases actually discourage the economic activity subject to the increased tax so much that they cause long-term decrease in revenue to the Treasury, whereas the spending increases result in regulation that fatally punishes economic activity, the taxation of which brings revenue to the Treasury.