Budget deficits as far as you see are morally and practically unacceptable. America needs to be on track for a budget surplus by 2020.
These policy changes combined with higher growth are facilitated by changes in taxes. Health care reform and regulatory requirements would result in a projected budget balance in 5 years.
Increase minimum age for social security and Medicare by 2 months each year.
Return to zero based budgets and the committee appropriation process for each individual budget line.
Reform Medicaid and Medical to reduce federal costs by 20%.
Cut all discretionary spending by 2% per year until budget is balanced.
Cut number of federal employees by 5% per year for three years through attrition.
Freeze salaries of federal employees for 5 years.
Eliminate Veterans Administration (proposal) and transfer veterans to Medicare Advantage.