Cut, Cap & Balance would be good start. Return to 2008 spending levels would be good start in agreement to budget reform. No debt ceiling increase. Not good idea to keep borrowing, printing money, spending the same way. If raise debt ceiling now, we will be right back again one year from now in even worse shape having to raise debt ceiling again. U.S. will not default on bills. Fear threats of ‘catastophe’ are about wanting to borrow/spend more. A Correction will have to be made sometime to show creditors and world that U.S. is fiscally sound and stable to take its debt seriously.
Also see Super marioobama at http://www.youtube.com/watch?feature=player_embedded&v=Pejs0hp8DnU