Cutting spending without increasing revenues will only solve half of the problem. Ending the wars will save some money short term, however, we will now have medical bills for years because of the amount of service personel with injuries and mental illness. So long term those costs will increase along with our aging population for medical coverage.
The tax cuts under Bush were unfunded. causing loss revenue for the government at a time when expenses were rising due to the war. This caused increased borrowing to pay for the two wars. On top of this, the RIPublican controlled Congress passed the Medicare Drug Plan which again was unfunded. That has caused even more borrowing.
Obama has backed off of every demand that he made, a plan must have revenue generation
The Tea Party will wreck this country. They want to reduce the government to nothing more than any group of RIPublican
Read the Article at HuffingtonPost
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