If you cut spending massively like the Ryan plan there will be riots in the street. There are to many people dependent on the government on  some form of welfare. The same holds true with the Obama plan and I assume the the same will be true with the 'gang of 6' plan in the senate.

If you earned $100,000 and had credit card debt of $100,000 that would be an "Oh crap!" moment. What if your wages doubled to $200,000 and you had $100,000 of debt? That would be an "Oh Yeah!" moment. If you kept expenses the same, or frozen and took the excess wages and applied it to your debt, it wouldn't be long before you were out of debt. I know it happened to me in 2007. I was greatly in debt and then my wages doubled. In a matter of months I was debt free except a mortgage.

The federal government can do the same if the tax code is restructured to dramatically grow the GDP and freeze government spending at 2008 levels. In my book Tea Party Solutions (www.teapartysolutions.org) I call for a 5% flat tax. All capital, earned wages and corporate profits are taxed at 5% with no deductions (mortgage, etc.) or exemptions. In 5 years this would grow the GDP to $20 trillion dollars. Holding at 2008 budget levels all surplus revenue could be applied to the national debt. In a few short years the U.S. would be debt free.

Liberals will say 5% flat tax is not fair. It is very fair. The more you make the more you're taxed and all loop holes are eliminated. If a worker at a fast food place earns $100 $5.00 goes for income tax. If basketball star Lebron James makes $10,000,000 in a year his tax bill is $500,000. GE made $12 billion in FY2010. With my plan in place they would pay $600 million in tax instead of using tax loop holes and paying nothing.

Bottom line. To solve the debt problem we need to 'freeze and grow'. Freeze spending and change the tax code to dramatically grow the economy. Apply all surplus to the debt.