Bureaucracy!The government would work much better with less bureaucracy. Reduce red tape, duplication, and waste. But how?
Here’s a suggested first step. Set up a Bureau of Bureaucracy Reduction. Their job is to research, recommend, and help implement ways to reduce bureaucracy. Couldn’t hurt!
This can be added to some other ideas from Musea:
Community Bank Accounts or CBAs can end poverty without spending a penny of capital. (Good for any projects needing money.)
Government Worker Bonuses. Government workers know first hand where the waste is. When a worker or department suggests a practical and workable way to reduce spending, they get 1% of the savings for the first year. 1% of a billion adds up!
When there is a party switch in government, the new party almost always changes things too much too quickly, specially in spending and revenues. So I suggest when it comes to reducing the debt we start a 1 tenth of 1% rule. That means that each year all revenues are increased 1 tenth of 1%, and all spending is reduced 1 tenth of 1% across the board. That reduction hurts few and helps all.
Finally start a government savings account. Put 1 billion into the savings account each year. The money cannot be spent unless for a dire emergency, or till government finances are in control and the account is no longer needed.