Hey Doug: A novel idea for ya. Why not effect all those spending Valhallas and after securing all those savings and creating surpluses - for which we have a myriad of options - then consider tax cuts after the savings become a reality? We've tried it the other way and it never quite seems to equal out. If your basic theory is correct then getting a handle on spending would seem the first priority. Any household would approach it that way. When considering whether a wife should quit her job, and therefore reduce the family income, they would first get spending under control. Private industry would do it the same way, notwithstanding a competitive urgency to cut revenues.