It should be clear very quickly that all the recovery giveaways, including TARP, are not bankrupting the U.S. as the Republicans once claimed. And economic considerations are pretty much plateaued as well. What is of concern that really could be dealt with easily would be tax-cuts to the wealthy. And $1.3-Trillion isn't a small number.
Here is an analysis of the Bush tax-cuts.
Again Republicans argue that letting the Bush tax-cuts expire would strangle small businesses and kill job-creation. I don't know that I buy that argument, as job growth didn't have any problem occurring during the Clinton administration. Also, job growth is fundamentally tied to demand for goods and services, and probably shouldn't be incentivized artificially by tax-cuts in the first place.
What does this have to do with Homer Simpson? Ezra Klein wrote the following on his blog:
John Boehner's new line on the deficit negotiations is that raising taxes -- by which he appears to also mean closing tax expenditures -- "is off the table. But everything else is on the table." This is a bit like telling your doctor, who's worried that you've gained weight and are out-of-shape, that exercise is off the table, but everything else is on the table. Well, it's nice that you're prepared to diet, but you need to exercise, too. Otherwise, you're not going to get where you need to go.
Homer Simpson quote from a recent Simpsons episode: "As long as it doesn't require losing weight or changing my pants." Of course he was talking about luxuriously washing and styling his wife's hair, but that is beside the point.