The federal government is 26% of GDP.

The federal debt is 125% of GDP.

Defense, Interest, SS & Medicare/Medicaid consume a huge portion of the federal revenue.

Federal Budget:

Mandatory:
Social Security 22%
Medicare 14%
Medicaid 10%
Net Interest 11%
Other Mandatory 16%

Total Mandatory 73%


Discretionary:
Nondefense Discretionary 14%
Defense Discretionary 13%

Total Discretionary 27%


Steps:
1. Raise payout age on SS. Phase out SS over 10-20 years. Let people & corporations who pay into SS begin to put their money in 401-K plans instead of SS.

2. Do something to lower insane medical costs.

3. Do something to lower insane defense costs.

4. Cut foreign aid.

5. Stop funding private schools. They should be able to make it on their own with their astronomical tuition prices. Too many costly amenities that have nothing to do with receiving a superior education. Private day school is $25-30,000. Private boarding prep school is $50-60,000. Private universities $50-75,000. Make states fund their own public schools.

6. Stop federal spending on stupid stuff.

7. Cut interest rates.

8. Most importantly, do something to dramatically increase GDP which, in turn, will increase tax revenue.