There is no need to raise the ceiling or to default. If we pay the bond holders and Social Security and the military, we only have to cut 40% from the whole rest of the budget.
Do away with Obamacare and you have to cut $1 trillion less. Totally eliminate the Department of Education, the National Endowments for the Arts and For the Humanities, the Energy Department, the TSA, the BATF and all farm subsidizes and you’re almost there. Eliminate Pell Grants and Stafford Loans.
Eliminate Bushcare and SCHIP, Medicaid, and raise the retirement age from 67 to 70. Stop letting immigrants who never paid into Social Security come here and draw a check.
Cut the Labor Department by 3/4. Cut the EPA by 3/4. Cut the FBI by 40%, Cut the DEA by 50%
Cut all foreign aid except to Israel. Remove all restrictions on drilling for oil and gas and for mining and burning coal.
To increase the government’s income, eliminate all corporate taxes. Cut capital gains taxes to 2%. Eliminate the Earned Income Tax Credit. Cut the IRS by 50%. Economic growth will increase income.
University system crash. Without jobs that will yield positive ROI on education, consumers(students) will refuse to pay the high costs, first through student loan defaults then not going to expensive universities in the first place. The equation will return to balance, but not before a major market correction that will probably decimate our "glorious" university system.
"Cut all foreign aid except to Israel."
Cut off ALL aid, including Israel. When our own country's neck is on the chopping block, it is a matter of survival. Besides, nothing special about them any more than our other allies (true allies that is). When we get our country back on course, then we can reinitialize any foreign aid.