Recently, the Co-Chairmen of the National Commission on Fiscal Responsibility & Reform published a proposed plan for reducing our deficit through a rather long list of pretty specific changes ranging from a gradual gas tax to reducing the Defense budget. Within just hours of being published, Democrats and Republicans alike showed their disdain for the proposal though Democrats have been FAR more critical of it (Soon to be EX speaker Pelosi called it "unacceptable").
Regardless of how valid or likely the proposal is, it turns out there are already several proposed such plans to reduce our deficit and bring spending under control which can make looking at just one a bit confusing and tricky. In order to clarify all such plans, the good people at PolitiFact.com have compiled a list of the many proposal. I encourage everyone to read these proposal so that they at least know what is on the table and who is behind them.
Many thanks to PolitiFact!