Allow Bush Tax cuts and Payroll tax cut to expire gradually. Then cuts budget by 5% every year until deficit is gone

Beginning in 2013 Taxes should be allowed to increase. The payroll tax should be increased by 1% in 2013 and another 1% in 2014.In 2015 the Bush Tax cuts should be allowed to expire.Along with the increased revenue, Congress should decrease spending each year by 5% beginning in FY 2014. It will be up to the President and Congress to decide which programs are cut. This allows new programs to be created as long as the budget as a whole is reduced by 5%. The goal of this is to eliminate the deficit and create an era of fiscal responsibility in Anerica. God Bless America.