Ignore it. It isn't a problem
Ignore it. It will eventually go away.
Reorganize a repayment under bankruptcy
Abolish the federal reserve and print money to repay debts.
Drastically reduce government spending
Drastically raise taxes
Well....before we could even discuss major parties, there would have to be a change of heart with the voters who would be willing to send fiscally conservative representation to Washington and to hold them accountable. It would mean a citizenry willing to become more involved and informed. The goal should be to shrink the size of Federal government by unraveling decades of collectivism and returning to the states their constitutional responsibilities.
My suggestion for reining in corporate welfare since these programs transcend government agencies is maybe set up a commission that would research and list every corporation, business including wealthy farmers that are currently receiving subsidies and give it to Congress. Halt any new research grants. There is no good reason why the taxpayers should be paying for research for the fat cats. If they want to remain competitive in a global market, then they need to spend their own funds to do so. This type of special selection of certain companies is very wrong of our government and creates an unfair playing field. After the commission completed the list Congress should vote up or down on each one. I think this is one area where the left and the right are in agreement and could significantly cut our trillion dollar deficit we have been running for a few years.
As far as welfare programs go, it's time for the Federal government return these duties to the states. The Federal government produces one size fits all programs for all people and they are inefficient. States should be allowed to set up their own system as they best know where the money is needed and would be better equipped to cut fraud and waste. Something the Federal government has failed miserably. The needs of North Dakota are not the same needs of Alabama and so on. The Federal government could first start off with issuing block grants to each state to set up their own systems. There are currently 129 programs for low income people run at the federal level. If some states want to set up massive welfare programs, then let the good people of those states pay for them with their state taxes.
And my last suggestion is to shut down the Department of Education. It's a major failure. This too needs to be a state responsibility. I always look at states as being test kitchens trying out new recipes. After a year or two each state will be examining the success of others and those with good marks will be the examples others could consider on improving their own.
Last edited by vesper; 11-15-13 at 08:46 PM.