How
to Solve the Debt Crises
Simple
Ideas to Save America
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national debt
| "To
solve the debt crises you must increase revenues and decrease
expenditures. The problem is that Republicans and Democrats
have partisan battles over how to accomplish these two things.
In order to do this you must be creative, be disciplined
and have controls. Below are nonpartisan answers."
- The Editor |
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1.
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Charge
Advertising to Rename American Fixed Assets or Natural
Resources
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America has a vast
amount of fixed assets (real property) and natural resources.
Government should charge an advertising or sponsorship
fee to rename government structures or land. This is what
professional sports teams do with their stadiums to raise
revenue and the United States government should do the
same. It could be done for a fixed period of time (ten
years) and it would also bring foreign cash into the United
States. You can rename roads, bridges, parks, buildings....
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More |
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2.
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Allow
Patriotic Americans to Donate Money to America
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Allow patriotic Americans
to donate money to America. They would have a choice of
where to direct their money. They could direct money to
the military, social programs or directly to pay down
the debt. Contributions would not lower amounts appropriated
to social programs or to the military. Contributions would
be 100% to debt / or 50% to military and 50% to debt /
or
50% to debt and 50% to social programs. There
is no tax break for the donation or come up with ideas
for a tax break. An
idea maybe to possibly give a deduction to reduce death
taxes for the donations so family members would receive
a benefit when the taxpayer passes on. It is way for someone
to benefit their country as well as their family. |
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3.
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Riders
over $100,000 attached to Spending Bills must have 2/3
approval
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Lawmakers attach riders
to spending bills for all types of outrageous spending
projects. This is one of the greatest causes of government
waste and as well as out of control government spending.
Everyone has heard of pork barrel projects such as the
bridge built to nowhere. If a rider attached to a bill
has a cost of greater than $100,000 it should be voted
on separately and 2/3 majority of the House of Congress
must approve the rider for it to be included in the bill.
If 2/3 do not approve of the project - the rider is removed
from the spending bill....
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More |
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4.
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America
Must Allow for More Drilling for Oil and Building of
Refineries
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By opening more areas
in the United States to oil drilling - specifically Alaska-
it gives income to the United States through leases to
drill oil as well as if America could sell oil to foreign
countries. This will also increase the oil supply - the
law of supply and demand and speculation will cause the
price of oil to drop. Currently - Americans spend $400
to $500 monthly for gas. The price of gas is currently
down - because of the recession and people not working.
It is the law of supply and demand. With people not working
and driving to work - the demand for oil is down - so
the price is down. If the economy grows (jobs are created)
more people will start working and driving to work. The
demand for gas will increase - therefore gas prices will
go up and hurt the economy. It is one bad cycle....
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5.
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Raise
retirement Age to Receive Full Benefits of Social Security
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The fact is people
are living longer. It is estimated that the first person
to live to 150 has been born. Medical advances are increasing.
Raise the retirement age to 68. Also raise the age receive
a smaller Social Security benefit to 65. |
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6.
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Reduce
U.S. Post Office Deliveries to 3 Days a Week
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Reduce U.S. Postal
deliveries to 3 days a week. Have two schedules for delivery.
Have one delivery schedule on Monday, Wednesday and Friday
and and another delivery schedule on Tuesday, Thursday
and Saturday. By doing so - you could cut the number of
postal deliverers in half. Americans communicate through
e-mail, text messaging, bills are paid through automatic
withdrawals... Do not replace retired or postal workers
that quit and layoff
management.
Locations are currently being closed and more should close....
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7.
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End
Foreign Aid to Countries that America is in Debt to
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If America is in debt
to a country and is making payments on that debt - end
foreign aid to that country. America is in debt to China
and yet the United States sends China foreign aid money.
This would be the equivalent of you sending your payment
to your car company and sending them additional money
that does not go to pay off your car loan - but to payoff
the CEO of the companies private mortgage....
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More |
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8.
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Reduce
All Other U.S. Foreign Aid by 50%
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America has a deficit in the
trillions endangering its economic survival. American
citizens are learning to live with less. Other countries
are going to have to do the same. The truth is that most
foreign aid gets wasted and goes to a very few elite in
that country. These countries do not have capitalism as
their economic system....
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More |
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9.
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Cap
Government Pension Payments at a Specific Dollar Amount
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Cap government pension payments
at a specific amount such as $8,500 per month. If an individual
is receiving more than $100,000 a year in a pension payment
and they cannot survive then they need to cut back. So
here is one solution liberals should really like. Democrats
are always in favor of raising tax rates. Raise the tax
rate on pension plans so that any income received above
$8,500 per month is taxed at 100 percent. |
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10.
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Replace
all State and Federal Pension plans with 401k Plans
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End all federal, state and city
pension plans and replace them with 401K plans. Pension
plans were created to attract good workers to government.
This is no longer needed. There is a glut of over qualified
workers that are unemployed. Government should not match
401K contributions, just allow government employees to
contribute to private 401K plans....
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More |
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11.
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Bring
More American Troops Home by Closing Non Essential Overseas
Bases
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The world is more technology
oriented. America uses drones, spy planes, satellites,
the Internet and spies... Bring troops home and close
some overseas bases. Place soldiers strategically across
our borders randomly and in rotation to help stop illegal
border crossings.
These are soldiers and they can handle the conditions....
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More
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12.
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Close
U.S. Embassies, Consulates, and Diplomatic Missions
in Friendly Countries
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Close US embassies, consulates
and diplomatic missions in friendly countries. Do we really
need a US embassy in Canada? Can't there be a person in
Washington handle any issues with a friendly country?
Here is the list of consulates in Canada alone - there
are eight (8): Ottawa • Calgary • Halifax • Montreal •
Quebec • Toronto • Vancouver •
Winnipeg....
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More
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13.
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Sell
Federal Buildings that are not Being Used
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Sell federal buildings not being
used and end any leases for property that is not being
used. This
is common sense and only government could not do something
so easy. If you
owned 10 buildings that were paid in full and not being
used in order to bring in income rental to you and and
you were facing a debt crises - what would you do? You
would sell the buildings! |
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14.
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Privatize
Government Activities that will not Compromise National
Security
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Privatize
government activities that will not compromise national
security. Privatize rest stops, parks, recreations, monument
tours...
Lease the operation to the highest bidder to run the operation.
This will create income for the government and release
from government obligations for salaries, health care,
pensions... |
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15.
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End
Federal Funding of NPR and PBS
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End federal funding of NPR and
PBS. This will not put an end to NPR and PBS. They will
just have to hire advertising staff to sell advertising
on their stations. |
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16.
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Require
Volunteer Work to Receive Benefits for Food Stamps,
Welfare...
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Require volunteer work from
individuals who receive benefits from government. |
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17.
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Reduce
Federal Workforce by 10% Excluding Defense
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| In
the private sector - businesses have learned to do with
less and become more efficient to survive in the harsh
economic times. Government should do the same. I knew
of a sales assistant that worked at a construction company.
When the economy took a downturn the office secretary
was laid off and the sales assistant became the office
secretary and had to also do her own job as sales assistant.
A 10% reduction in the federal workforce excluding defense
is no big deal....
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18.
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End
Ineffective Wasteful Government Programs
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| The
OMB has something called the Program Assessment Rating
Tool. It found 218 government programs that were either
inadequate or ineffective in government--programs run
by the Departments of Agriculture, Commerce, Defense,
Education, HHS, Homeland Security, HUD, Interior, Justice,
Labor, Transportation, Treasury, the VA, Army Corps of
Engineers, the EPA, the CFTC, EEOC, and the FCC....
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More
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19.
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Close
Airports with Low Airplane Traffic
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| Close
airports with low airplane traffic, especially airports
in close proximity to other airports....
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