"Both parties are advocating default" - David Stockman

[dellinger63]

Originally Posted by Riot

No. It would cut our debt by about 1/3 to 1/2 within 10 years..

No it has the potential to but under this administration would be burned.

Now just imagine if the taxes cutting the debt by about 1/3 to 1/2 in ten years were matched by an equal cut in spending. In 10 years, we'd have 2/3's to all of the debt paid instead of increasing it. Both parties are going to have to want to dance.