Summary
It seems clear that the American people understand and desire a long-term solution to our present debt crisis regardless of how we got to this point. Blaming is not a productive action.
Cutting spending is essential, however, continuing to generate revenue is necessary. If we only cut spending without generating revenue, long-term resolution of our debt crisis will not be achieved. It is analogous to balancing a household budget. If you only cut spending without generating revenue you may cut down on bills you already have but there will be no money to pay for the ongoing necessities of daily living.See the full content of this document
Extract
Cut and Raise Revenue
It is not unreasonable to ask...
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