Comment on What Would You Do About The Debt?

What Would You Do About The Debt?

What should be done about America's debt? It's the $14 trillion question that continues to fuel debate in the halls of Congress and across dinner tables nationwide. To the delight of frustrated supporters and chagrin of emboldened critics, President Obama came out uncharacteristically swinging this week -- announcing in a Rose Garden speech his plan for $3 trillion in savings, which includes new taxes for the wealthy, a so-called millionaires tax and the elimination of loopholes and deductions.During his speech, the president's newly populist message tried to preempt his critics' inevitable line of attack by declaring, "This is not class warfare.

 

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