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      11-13-2012, 07:43 PM   #8
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Originally Posted by MiddleAgedAl View Post
What is one of the primary principles of his plan for the "increasing revenue" half of his balanced approach ?
As you said the president ran on the idea of letting the Bush tax cuts expire for the wealthiest Americans and perhaps eliminating subsidies for Oil Companies and other corporations. Most Americans agree with this approach. In addition there will need to be cuts in spending which means paring down some entitlement programs which many on the left will not be happy about. But it's necessary to solve the financial and debt problems we face.

Bottom line is there will be pain on both sides and neither side will be completely happy. That's what compromise is all about and that's the mark of a good deal.