Split the government budget into true funds- disclose the numbers to the public using Generally Accepted Government accounting principals (like all the states):
Ban federal funds from buying treasuries. Limit the amount of private investment. Investment board nonpolitical.
The general fund needs to be balanced;
* Stop paying interest payments on treasuries held by federal funds, this would eliminate the general deficit by approximately 40%;
* Federal government out of the secondary education and welfare business- move to the states.
Privatize over time social security. SSA will forgive any bonds it holds after private system is solvent;
Stop paying interest payments on treasuries held by federal funds;
Use true "manciple" bond systems for other federal funds like transportation, airports, etc.
This wouldn't change a thing. We'd still pay the same benefits, doesn't matter if the funds get shortchanged or not.