Here's my position on reducing the debt. The USA, essentially, had a balanced the last few years of 'Bubba's' presidency. The Republicans then went on a big spending spree. They cut nothing, but had their precious Bush tax cut.
A long term nation building project in Afghanistan. Not paid for, but should have.
A long term social engineering project in Iraq. Not paid for, but should had an additional war time gas tax until all troops are home.
Another socialist entitlement that when passed should have bumped up the payroll tax to pay for it.
The Republican party needs to pay for their BIG goob-mint.