President Obama has offered a plan with 4 trillion dollars in debt reduction over a decade with two and a half dollars of spending reductions for every one dollar of revenue increases and tight controls on future spending. It's the kind of balanced approach proposed by the bipartisan Simpson-Bowles commission.

Random Quote

Let us develop the resources of our land call forth its powers build up its institutions promote all its great interests and see whether we also in our day and generation may not perform something worthy to be remembered.