Republicans have blocked the dems from drastically soaking the rich already on three seperate occasions. There is absolutely no doubt in my mind that if Obama had the votes he needed with the dems, taxes would currently be atleast 10% higher for myself, and many others, and spending would have been 10% higher right along with it, causing an even bigger deficit with higher income taxes. There would be a public option, Cap and Trade, and the raise on upper tax brackets which he was trying to push as well. Now it is time to drastically reduce spending, someone posted an article from USA today which said that since obama has taken office the number of people making over 150k/yr in government jobs has doubled, that is totally unacceptable and we should start with them, no one who works for the government should even make over 100k, let alone 150, so what we should do immediately is roll back all government salaries to 100k until we can afford them, including the salaries of all congressmen, and the president, until the deficit is gone. Perhaps that would give these assholes some incentive to start cutting spending somewhere since neither side seems to want to cut spending anywhere. If they were even able to get it to the point that allowing the bush tax cuts on the on me and other high income earners would square away the deficit i would say go for it, based on just 2 conditions. 1.)Government is never allowed to run a deficit again at anytime whatsoever to pay for anything. If they can not grow their government at the same pace that the economy grows and be happy with it, fuck them, then they can find some other places to cut, Maybe when essential services are being cut on people to create new useless branches of government, people will start to be outraged at the ridiculous government waste which comes in day after day. 2.) Government is never allowed to raise income taxes again to pay for anything. This includes every single type of income, capital gains, etc.