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Share your ideas to reduce the national debt

Talk about the devil in the details.

Everyone wants to tackle the country's soaring debt. But reaching consensus on how to get there? That's the rub.

The chairs of President Obama's bipartisan commission on reducing the national debt tried to jumpstart the debate Wednesday by releasing a plan riddled with politically unpalatable ideas, raising rancor from the right and the left.

Like cutting cost-of-living increases under Social Security, raising the gas tax by 15 cents a gallon, chopping military spending, and possibly eliminating the mortgage interest deduction.

If you checked off "none of the above," where would you cut government spending or raise taxes to steer the commission toward its goal of erasing $4 trillion from projected deficits over the next 10 years?

Send suggestions to jharrington@sptimes.com. If you include your name and city, we'll consider your ideas for publication.

Coming Sunday

In the Perspective section of the St. Petersburg Times, four sober-minded policy groups explain how they would reduce national debt.

Share your ideas to reduce the national debt 11/11/10 [Last modified: Thursday, November 11, 2010 11:33am]
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