What you are suggesting is the old trick of raising taxes now for promised cuts later.
Federal spending has increased over 25% in five years - and we can't afford it. Period. Roll it back to where we were in 2007. Considering how average individual incomes have declined since that period, it is perfectly reasonable for the government to "share the sacrifice" and tighten its belt.
I think I've been very clear. No tax cuts until the budget is balanced. Limited spending cuts until the economy has sufficiently recovered to absorb the loss of stimulus.
Federal spending has increased but that idiot Bush kept cutting taxes and increasing entitlements. Now the economy is dependent on the entitlements. When jobs and wages are in better balance, then you will be able to cut entitlements. NOT UNTIL.
Read Keynes and get a clue how it's done.