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Neal,
I believe that what we need to do is let the Democrats increase the tax on the wealth 1.6 trillion, and at the same time demand dollar for dollar a 1.6 trillion dollar reduction in entitlements over the next 10 years. The law needs to be written in a way that no matter who is elected president or for congress in the next 10 years can alter it in any way. We can't give the president the power to increase the debt ceiling without congress' approval, no matter what party is in office.
Randy H