Senate Democrats draft debt-reduction plan - The Washington PostSenate Democrats have drafted a sweeping debt-reduction plan that would slice $4 trillion from projected borrowing over the next decade without touching the expensive health and retirement programs targeted by President Obama.
Instead, Senate Democrats are proposing to stabilize borrowing through sharp cuts at the Pentagon and other government agencies, as well as $2 trillion in new taxes, primarily on families earning more than $1 million year, according to a copy of the plan obtained by The Washington Post.
With debt-reduction talks under way between Obama and congressional leaders, Senate Democrats are unlikely to adopt the blueprint. However, it has gained broad support among those eager to chart a path to solving the nationís budget problems without making politically painful cuts to Social Security and Medicare.
Tax the Rich, gut the military...
Ignore the 60% or so of the budget that is CAUSING the problem.
Democrats, leading with bribes since 1965.