This is not an abstraction. We owe it monthly and we pay it. To China and others who finance our deficit spending. Republicans TALK about cutting spending and taxes, and they must be snickering at all the believers who just don't think about the massively INCREASED spending on debt interest. We're paying more every day. We're just not getting anything for it.

And SD, you talk about personal responsibility, but seem to support the utter abdication of that responsibility in terms of our generation paying its own way, rather than charging our excesses to our kids' credit card.

the question is wether President Obama will veto the tax increases pass by Congress or veto them. Bush I and Clinton signed tax increases into law. I doubt if the Democrats in Congress will be able to resist tax increases once there is not veto threat.

There is no way that the Democrats can fund their programs by raising taxes on ly on the rich. My guess is that on January 21, the Obama Administrartion is be talking about the poor long term prospects and that they tax increases will affect more people than iniitally thought. Rememeber, Democrats always raise taxes in the first year of an administration and hope people will forget three years later (See Bill Clinton and Jimmy Carter).

as a moderate who is still certain he will raise my taxes on January 21st no matter what he says

By executive order or what?

If and when he does raise taxes, it will be on corporations and those making over $250k a year. If you're under that, you'll get a tax decrease.