The Republicans proposed NO specific spending cuts, because they can’t find any. There isn’t enough waste to cut any more, except in defense. Taxes have to go up, and if we want to get out of this economic slump, we need more stimulative spending. It turns out that when more Americans get to work, it’s good for the economy and reduces debt. The past twelve years have proved that vast tax cuts on the wealthy do very little to create jobs, while government spending on infrastructure and education is quite effective.