So please explain to us, no matter who wins, how anything gets paid down without either redistributing the money that's already coming in, or increasing someone's taxes. Or is that just a ficticious number that really doesn't matter?And don't tell me the market will take care of it on it's own. I look forward to this explanation.

I don't question the need for taxes. I question the amount needed. At this point in my life and this countries history more and more is being taken from citizens who produce and outright given to those who don't produce. Taxes are correct for police, fire and roads. But to give it to people for not doing anything is wrong.

Even justified taxes doesn't change my statement either. All taxes, needed or not, comes out of the consumers pockets. To buy tangible good such as fire protections and roads is not a transfer of wealth though. To give it to social programs (over two thirds of our taxes) IS a redistribution of wealth. And that wealth ultimately comes from the consumers pockets. The rich are and will always in the position to make that statement true. Otherwise, there will be no rich and I'm not sure society would be better without the rich.

If the jet ski is a 4-stroke engine, as most made since 95 are, yes.

You forgot the third side of the triangle, when income exceeds expenditure, we call this surplus, when expenditure exceeds income, we call this debt.
To pay down the debt, we need short term surplus which can be the result of increased income or reduced expenditure.
There is tons of wasted money that goes into gov't coffers and never comes out. Eliminate even half the waste and there's no need to raise taxes or cut services. I would recommend both reducing waste and cutting services, but in this "gimme gimme" society, as soon as you say "we really can do with a new fire engine for two more years, this one is working great and does not require a lot of work to keep it running" you have all sorts of people, some justified, some not, up in arms.
Another area of waste, the fire engine was just an example, is gov't borrowing. Sometimes this is needed, the fire house burned down, the equipment is a total loss and there's not enough money in the "rainy day" fund to cover the loss, the insurance was only enough to cover the building. So borrowing is the right thing to do, because well lets just say I don't want to be the citizen who's house is on fire in a township with no fire truck.
But... this same township who's spending $500 a month on maintaining an old, but not obsolete, fire engine who opts to pay $2000 a month in interest on a new fire truck loan is misguided. There's other options, used fire trucks are bought and sold would a used one for 1/5th the cost perform well enough until the money needed can be accumulated with out making all the interest payments? What about an extra carnival, people love these things. Where I live, the fire dept is volunteer, the ambulance is paid. The fire guys are great, so are the EMTs. But the EMTs are "at work" 24 hours a day for two days straight. The ambulance company is paid each time they pick someone up and by member fees. The fire guys only come to "work" when there's a fire. They don't get paid.
Both operations are on the fire department's grounds and once a year, they hold a carnival. Ever kid in town will be there at least once, most accompanied by parents all of them spend money on everything from vendors and rides to donations and raffle tickets.

I agree with what you said but have you ever looked at the percentages of taxes and where they go? The so called freebies are not very high on the list. Don't mind spending 10 billion per month in iraq? We have the largest military in the world.Do we have to be 10 times larger than number 2?What's wrong with 5 or 6 times larger? What could we do with all those savings? It's not the handouts. It's larger than that. What about the handouts to the rich? Don't they bother you more than the miniscule to the poor?What if they didn't collect handouts? Welfare is welfare. It is way worse on the rich end than it is on the poor end. Why can't people get that? And no it isn't right on the poor end either.