Debt compromise: Here's an idea

I believe that in a time of crisis, measures need to be taken to make things better. Both parties in D.C. are acting like spoiled children in these debt talks. Speaker Boehner and the republicans would rather allow us to have $12 trillion in debt in a decade than to raise taxes on the top tax bracket, which begins at around $379,800 per year. President Obama does not want to admit his health care policy is too costly and repeal it, now we are going to spend $1 trillion in 10 years on a plan that will increase premiums and that is illegal. Democrats in congress would rather see the nation go broke than reform social security and medicare. It is my belief that both parties are going to have to compromise to avert crisis. First off, the republicans should agree to an increase in the tax rate for the top tax bracket, I would suggest an increase from 35% to 37%. The republicans should then ask the democrats to agree to Paul Ryan's plan, which would reform medicare and cut $6 trillion from the debt in 10 years. I also agree with what GOP presidential hopeful Former Governor Mitt Romney of Massachusetts has stated his support for; cut the corporate tax rate to off-set closing corporate loopholes. Cutting the tax rate on business from 35% to 25% would help us be competitive and could increase revenues. As far as the debt ceiling, I would urge a small increase in it of around $5 billion or $10 billion, but no larger than that because then congress and the administration will just ask for more.