Eliminate all federal funding for the National Weather Service and the Corporation for Public Broadcasting.
Folks have wonderful choices such as weatherunderground and accuweather. Plus local weather apps.
Folks also have non-left-wing choices such as science, art, and cooking shows online.
Means test benefits. If you made twice the median salary in your last 5 years of employment, you get reduced benefits.
Eliminate the income limits. Why should you stop paying in just because you made more than $106,800? There are no income limits on medicare.
Legalize and tax marijuana. That may be $40 billion to $100 billion in new revenue!
Legalize and tax sports betting. Although only 35 states currently allow "gaming", that number is sure to grow. Adding $50 million to a state budget will help to eliminate the need for federal dollars.
A natural gas based economy. Get fleet vehicles and 18 wheelers running CNG. Get Detroit making those vehicles. And export LNG to other countries (USA natural gas is $2.76 but it can be liquified and sold much higher.
Make shuttered schools into shelters. They have showers, gyms, bathrooms, cafeterias, computers, and plenty of room for beds. Laid off teachers can re-train these folks in the Cheapo Groovo system, which has no layoffs or outsourcing.
In 1913, the entire federal tax law, plus explanations and other related material, fit into a single 400-page volume. Today, they total 40,500 pages in 22 volumes. And the list below shows you all the taxes that have been added. Yet the government is broke??????
Take me as an example. I have paid in $69,058 as of 1/1/2011. Assume I could request a check for that amount right now and not collect Social Security at retirement.
If I live to 75 (male life expectancy from wiki) and retire at 62. I would receive $828 every month for 156 months from Social Security. That is $129,168.
The government saves $60,110.
Over the next 20 years, 74 million boomers will retire. If my situation is "typical" the government could save $4.45 trillion!
I know it sounds crazy, but negative interest rates are showing up everywhere. That means you pay the bank to hold your deposits.
That is why my previous 3 posts talk about how holding cash on your own is the best thing to do right now. More people are pulling their cash out of the banking system because they lose nothing by doing so. This actually contracts the money supply and crushes the velocity of money. This is why we are in a deflationary death spiral despite central banks printing money.
The central planners won't let this happen. So the plan is to eliminate CASH.
And if you are concerned about holding all that cash (theft, fire, etc.) consider putting some into bitcoin!