Until the Republicans acknowledge that the deficit cannot be eliminated without some combination of the following, they're just posturing for political points:
1. Reduction of military spending
2. Reduction of Social Security spending
3. Reduction of Medicare/Medicaid spending
4. Increase of taxes
All four of those points are sacred cows to the Tea Party types, though, so it seems unlikely the US will make any serious, long-term efforts towards deficit reduction anytime soon.
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