I’m afraid that is going backward. In order to pay down the debt, the government must raise revenue which means raising taxes, not lowering them.

The idea that lowering taxes creates jobs, is a Republican party meme created by drug addled thinker Rush Limbaugh, and has been disproved by recent history.

The most prosperous time in America was when taxes were at their highest level, between the 1940s and the 1970s. When taxes are high, Business will hire more workers, buy more equipment, and reinvest more in an effort to lower their overall income and pay less in taxes. That is a fact. When taxes are already low, there is no incentive to spend, so the money is hoarded as evidenced by our current economy.

In order to pay down our debt and be responsible citizens, we need tor return to the tax rates of the last great Republican President General Dwight Eisenhower, who had tax rates at 91% in order to pay off WWII. What kind of irresponsible generation would ask for tax cuts during a time of two wars and big government programs like Homeland Security? Who is the lamest generation expecting to pay their credit card debt as they demand more tax cuts?

I would think the older generation should be thinking about how to act more like Eisenhower if they would like to be respected by the young people of today. Try to Imagine what they will be saying about your generation after you are gone, and act accordingly.

As for this statement of Mark Begich “Resolving this will take sacrifice. Even a moderate deficit-reduction plan must include cuts to important services,”

The American people will sacrifice nothing. We have paid into our Social Security which was put in a separate fund for our retirement and health care. The politicians choose to steal that money for tax cuts during war time, and now they must find a way to pay it back and it will not be on the backs of America’s retirees and Veterans. You can start by cutting your own salary, retirements and health care. You all spent the money, you can feel the pain. Then you can cut the defense department slush funds and Homeland Security slush funds.

I find it odd that Senator Begich would not mention the bill he introduced to lift the Social Security Tax cap which would make the program financially secure for the next 7 decades. Social Security is not even in trouble. Reagan increased the amount of FICA taxes in order to pay for Baby Boomers and there is plenty of money in the fund. The politicians borrowed that money for tax cuts for corporations and now they don’t want to pay it back. We have not been paying double for all these years just so corporations could have more tax breaks, and tell us we need to sacrifice. This week JP Morgan CEO Jamie Diamond, who took billions from the US treasury in the bank bailout, explained that Americans need to feel the pain for overspending. I really don’t think the American people are going to put up with this brazen looting and sociopathic hypocrisy much longer.

Please be the one real Democrat in the Senate telling the truth. The budget has nothing to do with Social Security. It is separately and well funded. Stop blaming retirees for wanting what they paid into their entire lives and put the blame where it belongs, on wasteful spending by politicians in DC who ‘balanced’ the budget by stealing our retirement. And now they want even more tax cuts, when all that proves to do is enable the hoarding of trillions in the cayman islands, stalling our economy. Stop enabling the looting and tell the truth.

Just the facts- Bring a chart of the economy and tax rates to the Senate and explain…very slowly…how when taxes were higher, the economy was booming, the middle class was exploding, prosperity was everywhere. Our tax rates are now at their lowest and our debt is at it’s highest…and you all want to lower taxes more. That doesn’t make sense. It is simple Math. It is simple logic. I can’t understand how so many incompetent illogical people made it to our Congress. But we sure as hell shouldn’t be letting them make decisions for our country.