Rescinding ALL of the Bush/Obama tax cuts solves 75% of the near term debt

[dkf]

But only 40% of the long term debt. Only fixing entitlements can fix that one. Per Nora o'Donnell.

[zbdent]

1. and how much of that 60% of "long term debt" is held

by the people who bought war bonds / savings bonds and haven't cashed them in?

[ejpoeta]

2. i bet getting out of three wars would fucking help the long term debt issue!

[ladjf]

3. Rescinding the tax Bush tax cuts is a no brainer. Do it as soon as

possible.

[L. Coyote]

4. Depleting the debt and eliminating the interest payments will do the rest, so tax the rich

and give jobs to the poor. There is no better economic stimulus than workers spending money at 5:15 on Friday!

[RUMMYisFROSTED]

5. But rescinding them and then increasing the rate does wonders.

:think: