Debt and Taxes

In this country, we have removed the links between debt, spending and taxes. Bush was adept at the notion of "Debt doesn't matter", and because of this, we are financing the war in Iraq, the Stimulus Package, and other spending through more debt. We went from a surplus to debt overnight, and Republicans have not said a word. In fact, they have gladly gone along with this bankrupting of our country. Who's buying our debt, and how will they use it?

McCain wants to permanently install Bush's tax cuts, but he doesn't say how he will pay for it. (Debt) Yet, in the ABC Debate, the hosts drilled Clinton and Obama about tax increases. Yes, I agree with Hillary that taxes have a place, and Bill's tax strategy helped get us out of debt. We need to have a honest discussion on how our next president is going to reduce our national debt. Obama hit on it by saying that we're racking up debts that our grandchildren won't be able to pay.