That is a long standing debate where neither side seems to want to be totally honest in their reports. None the less without cuts in payroll, caps on spending and an increase in taxes the debt will not go away and we will default and become worse off then Mexico. Most people just do not comprehend how much we are in debt and how serious things are.
The president wants to freeze government pay raises for two years. That is fine, but he needs to understand that he is a government employee as well as all the rest of the people in the White House and congress. They need to go a step further.
Since it is the politicians who got us into this, Congress, the President, and the Supreme Court all take a 25% pay cut. Their health insurance changed to a 80/20 and they pay 50% of the premiums. They do away with their retirement and switch to Social Security with the same benefits and coverage's along with Medicare with the same rules as us all. This should not be a two year limit, but it should be for 20 years or until there is no debt if it takes longer then 20 years. This is but a beginning.
