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The Ways and Means Committee also should start hearings and mark-up on entitlement reform for Medicare, Social Security and Medicaid. Let Democrats and Republicans bring their proposal hearings and markups open to the public.

Thus, we get past the current Aug. 2 crisis and we do so with real cuts. By next spring’s budget season, we can have an honest debate during the presidential and congressional election cycle on the two parties’ long-term solutions to debt and deficit. Let the electoral chips fall where they may.

Tony Blankley is the author of “American Grit: What It Will Take to Survive and Win in the 21st Century” (Regnery, 2009) and vice president of the Edelman public relations firm in Washington.