"Raising revenue" should be the primary methodology for deficit reduction; more specifically, tax rates must be returned to their Clinton-Gingrich levels.
"Cutting future spending", however, should also play a significant role; more specifically, a few of the many ways this could happen are as follows:
1. Eligibility for Social Security disability should be tightened, but regular retirement and survivor benefit levels must not be touched.
2. Excessive Medicare provider payments, including government funding of supplemental benefits, should be trimmed, but current basic procedure coverages must not be altered.
3. Cold War troop deployments could be reworked.
4. The Simpson-Boles recommendations could be revisited.