What should come first. Cutting spending or raising taxes?

You could take EVERY DOLLAR made in our economy in taxes and it would still take a year to pay off all our debt. That's also assuming that we stop spending during this time and not factoring in interest. Raising taxes is like putting a bandaid on a pothole. A pothole that someone is just digging away with a jackhammer with. You have to stop the digger first and cut the spending to fix the problem, not put a bandaid over the top.