Based on what this article reveals about the senate democrats debt reduction plan, it sounds like the most sensible, sound, and fair plan of action brought forward by anyone at this point:
Unfortunately, there will probably be significant opposition to it from the conservatives.
The wealthiest 1% can afford this, and it would probably lead to increased wealth for them, in a long-term perspective, as it would lead to a healthier and more prosperous economy overall. Look how the nation prospered in the 90's. Other than the Iraq war, the Bush tax cuts caused more UNNECESSARY harm to the nation's financial health than anything else since 2000.
I cringed, knowing we would get back into trouble when Bush foolishly said the surplus should go back to the "Amurcan" people. Obviously, the American people would be much better off today had those funds been applied to the debt.
We were financially sound when Clinton left office. It baffles me how, after a few years pass, the voters invariably forget that the consequences of republican economic policies.