How in the planet are we going to pay off all of this debt? Raising taxes to do it would burden our economy, and then the situation would only get worse. To me the solution is obvious, cut spending. For too long in this country we’ve had the give-me-stuff people standing there with their hand out, and the regime putting something in it. Does the thought of small regime ring a bell? It is what our founding Fathers had in mind when they gave us our constitution. That is why there is a list in the constitution that quite clearly spells out the powers of the federal regime, and also what it is not allowed to do. So basically if it was not listed as a potential, then they are to stay away from it, and allocate the States to handle it. Just take a look at federal laws. At the very beginning they will state their authority in enacting the law, and it is nearly always the commerce clause. I’m sure they even reflect that just because your computer is hooked up to the internet, and therefore has friend with other computers in other States, that they then would have the constitutional right of regulating your computer, and thereby your internet communications; they are out of control. jbranstetter04 Federal obligations exceed planet GDP Does $65.5 trillion terrify anyone yet? As the Obama administration pushes owing to Congress its $800 billion deficit-spending monetary stimulus plot, the American public is largely uninformed that the right deficit of the federal regime already is …