Quote from achilles28:
This should be fun:
1) Shut-down the Federal Reserve.
2) Print DEBT-FREE Currency
3) Print sufficient Green-Backs to service Debt Interest and Principle
- Save 400 Billion, first year alone.
4) Cut Defense Budget in Half (Save 200 Billion)
5) End Iraq War, bring Troops Home (Save 130 Billion)
6) Shut-Down the Border (25 Billion+)
7) Decommission the Dept of Energy, Agriculture, Education, HomeLand Security, HUD, Health and Human Services. Save ~300 Billion.
8) End the IRS, Income Tax, and Institute a Federal POS Consumption Tax of 10%
Maintain dependent programs, allow young people to opt-out, gradually phase out the programs.
Savings = 1 Trillion to 1.5 Trillion.
Further:
1) Institute Malpractise Liability Caps to reduce Medical Costs.
2) Break up AMA monopoly on enrollment, to reduce medical costs.
3) De-regulate Medical Insurers
Savings = ~200 Billion.
4) Strip all Unions of legal force.
5) Break up Academic Monopolies on College Accreditation.
4) Cap bloated Government Pensions at 60% Gross Earning.
Savings = ~100 Billion.
Other Costs:
1) Rebate Federal Voucher of $3,000 per child, for Private Education Tuition. Annual.
Cost = ~200 Billion.
Projected Total Savings = 1.1 to 1.6 Trillion Dollars.
I would be in favor of all of these. Can you imagine how much better our educational system would be with vouchers?
Even the public schools would become good again.