Tax the rich: $800 bil. will come from let- ting the Bush tax cuts expire; $700 bil. from closing loopholes and limiting deductions for individuals making over $200K and families making over $250K

Reform entitlements: Wealthier Medicare recipients will eventually see premiums in- crease as part of $248 bil. in cuts, along with $72 bil. in cut to Medicaid

Ending the wars: The drawdown in Iraq and Afghanistan will provide $1.1 trillion

And: Reduce farm subsidies, reform federal retirement, increase airline security fees