Its this simple - Government is the problem. Not Republicans. Not Democrats:
http://www.house.gov/jec/fiscal/tx-grwth/159/159.htm
(put your retarded partisan arguments aside and actually think about the study)
Also, even though that study is not current, the current numbers are closer to this:
For ever 1.00 in taxes (new taxes), Government spends 1.05 or so. The problem at its core being that deficits do not go away without modifying spending behaviors to begin with