Do people on here actually look at the facts and figures or just regurgitate rubbish they've heard from the media!
People often confuse national debt and deficit, the actual budget deficit of the USA has fallen but it will still add to the national debt until you reach a balanced budget.
Theres no debate on whats best for a country,even Liberals like myself would still like to see balanced budgets and even surpluses, something put aside for a rainy day. But its how you get to that point and who pays.
The only way you get to a balanced budget is when the economy is strong, increasing tax receipts, less welfare benefits. To try and simply cut your way to that is self-defeating in the current economy as too much money comes out of that, it needs to be done slowly or delayed.
The GOP want cuts and no tax increases, the Dems want less cuts and increasing taxes on the richer percentage. If you look at historical precedent and economies around the world, the most successful have a strong middle class underpinning a good broad based economy.
There is however a reason why we still see other countries continuing to buy US debt, even allowing for your large national debt and deficits the economy is still No 1 in the world, the USA will always be able to service its debt, there is a lot of hysteria in the USA media and especially amongst the TP that the sky is going to fall in and the end of the USA economy is close, this to be honest is nonsense.
People need to stop this hysteria, the situation is nothing like is being portrayed, yes theres a debt problem but this has been evident for decades, the main concern for all politicians in the USA should be growth and jobs nothing else because these will give the foundation to get to that balanced budget and address the debt.
Sadly this current Washington debacle just trashes consumer and business confidence so one step forward and two steps back continues to be a yearly thing played out in Congress. Until the GOP either lose the House or come to their senses then this drag on growth will remain, indeed at this point the world just couldn't care less who is in charge so long as its just one party, that seems the only way to stop these continued Washington dramas.