Well we do have to raise revenue, unless you're fine with this country being turning into some kind of neo-feudal/Latin American nightmare.
Well actually, that's a pretty good description of what the Democratic Party intends to turn this country into (or that they already have, to take a more cynical tack), a "neo-feudal Latin American nightmare." I'll have to remember that one!
If you mean that they intend to do that via neo-liberal capitalism or whatever one might call the corporatist deal we have at the moment, then I would say we are on that track right now and that Republicans have been leading the charge since the Regan era. The Democrats have been complicit and they in many ways have abandoned a basic commitment to defending the poor and working class.
It's no surprise to me that young idealists in this political climate revere both Ron Paul and Kucinich, despite the disparity in their views. The tepid liberal left is a complete tragedy and the sole reason so many have moved to support right wing populist ideas; which sadly play into the same scheme of making the rich vastly richer, while endangering the interests of the greater mass of the population.