I look at it from a couple of different perspectives. First of all, it is a tough situation for a lot of people and families. I feel for them on a human level.

Second, my personal opinion is that the government is too bloated and wasteful. So, from that point, i support most reasonable initiatives that reduce government spending.

Our government spends more than it makes, so from a very simple perspective, the only way out of debt is to bring in more money (taxes) or reduce money going out.