The New York Times has a really interesting feature on their website right now. Called the Budget Puzzle, it puts you in the position of determining exactly how, through a mix of spending cuts and tax raises, to balance the federal budget out to the years 2015 and 2030. Although the model is no doubt incredibly simplified, it puts into stark terms our national financial realities. It is also, though this may be more an indication of a personal psychosis than anything else, sort of fun.
You can see my plan here. Tomorrow (or when I get around to it) I'll post an explanation as to why I made the spending cuts I did, leaving tax hikes for a third post. I'm sure you're waiting with baited breath.