The US Federal Government is one that has such a high opportunity for making the lives of the citizens better, but due to partisan behavior and lack of guiding principals, have lost their way. Below is a list of Solutions that can set us on the right fiscal track.

Create a budget that decreases spend to revenue generated by 10% National Sales Tax

We need to cap the federal governments total outlays equal to the taxes collected so as not to incur any additional debt.

To get there, here is how we will allocate the National Sales Tax collected:

2% – National Debt,
2% – Social Security Debt (repayments),
1% – Medicare Debt (repayments),
4% – All Defense and related – (As directed by the Constitution *source),
1% – Other/Non-Defense

Putting these guardrails in place provide the long-term fiscal structure needed.

Once all of the Debts are paid off (National Debt, Social Security Debt, Medicare Debt), we must reduce the National Sales Tax to 5%.

One suggestion would be that once we have paid off our debts, we accrued one year worth of funds (at 5%) for the budget for the following year.

Social Programs Spending

Social Programs Reform

Our government spends more money then it brings in, and even a bigger problem is that the money that has been contributed by individuals and their employer into Social Security, Medicare, and Medicaid has already been spent. These three programs need to be reformed. The reform is simple: sunset each program by paying back the amount contributed by the employee and employer.

How to sunset Social Security

Provide 18 months notice to all individuals that the current program will be ended.
- Major change involves:
  - End employment of all workers in the Social Security Administration
  - End Employee/Employer contributions
- To those currently collecting Social Security: Determine total Individual and employer contributions versus payments made and provide a the results to the individual (via online platform). If the total contributions are higher than the payments made, fund an IRA with the Net Balance
  - To those not currently receiving Social Securing Retirement, fund their IRA starting with those closest to retirement
All other programs under the Social Security umbrella, such as Social Security Disability, to be ended at the 18 month mark.

References:

Trustees Reports: https://www.ssa.gov/oact/tr/
Expenditures by year: https://www.ssa.gov/oact/STATS/table4a3.html
*** to find the total contributions by you and your employer, view your account at https://www.ssa.gov/

How to sunset Medicare

Provide 18 months notice to all individuals that the current program will be capped.
Major change involves:
- Ending all employment of administration individuals
- Immediately end Employee/Employer contributions
Determine Individual Contributions versus payments made.
- Those currently receiving Medicare, Fund an Health Savings Account (HSA) with their Net Balance (contributions by them less amounts already distributed to the individual).
- Those not currently receiving Medicare, fund their HSA starting with those closest to retirement
All other programs under the Medicare umbrella to be ended at the 18 month mark.
Trustees Reports: https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/ReportsTrustFunds/index.html?redirect=/reportstrustfunds/

How to sunset Medicaid

Provide 18 month notice and then end in entirety.

How to sunset Federal Unemployment Insurance