woodguru wrote:
All that's needed to reduce the debt is increase taxes for the wealthy, get rid of special interest loopholes that favor the rich that they do not need, stop subsidizing industries with tax breaks, go after tax c***ters that are not paying the taxes they owe...wallah, no budget deficit.
A constitutional amendment to balance the budget. Republicans are on the right path to not allow pork amendments to bills. The problem is spending in addition to the things you mention. Congress writes the loopholes and subsidizes industries. How often have you written to your representative to complain about these things instead of wasting time here?
Our progressive tax system makes c***ters out of everyone.