In their Pledge to America, Congressional Republicans have used the old trick of promising specific tax cuts and vague spending cuts. It's the politically easy approach, and it is likely to be as bad for the budget as when George W. Bush tried it.

The sad thing is, a truly conservative approach to the deficit does exist. You can find strands of it among Republican governors, some of the party's current Congressional candidates and the ranking Republican on the House Budget Committee, Paul Ryan.

Read the entire New York Times article here.