Fixing the US budget is similar to fixing your finances at home. Find the areas where you are spending the most money and cut back. Stop making interest payments by paying down debt. SPEND LESS THAN YOU MAKE!!! About 75% of the US budget consists of defense and entitlements like Social Security, Unemployment, Medicaid and Medicare. These programs provide assistance to millions and conversations about making changes to these programs bring up quite a bit debate. Folks on Capitol Hill can reduce benefits and programs or they can raise taxes. Until these hard conversations take place, the budget will remain in sorry shape.
The New York Times had a really interesting tool. Now is your chance to fix the budget. It took me about two minutes. See what you think: Fix The Budget: New York Times