Show of Hands

Let Bush tax cuts expire and decrease defense spending. That, with a few more cuts and few small revenue sources, would provide a surplus.

I'd have democrats up in arms. I'd have to resign or be killed

cancel the pay for the legislative branch, cut overseas military spending, cut support and foreign aid, raise taxes for those making over $5million and close tax loopholes

Cut military and domestic spending by 20%. Reduce the number of Government departments. Institute the Fair Tax. Eliminate ineffective government programs (like Obama said he was going to do). Reduce regulation. Reform Medicare and Social Security. Eliminate Medicare Part D.

Regulate Wall Street, the Oil Industry, and multinational corporations; oh and raise taxes on the rich.

Contact my Econ teacher and a few Econ-savvy friends.

I'd shot myself.

Ain't gonna happen

Establish reasonable Participation standards for receipt of benefits. Reward any agency that reduced its budget with a percentage of the dollars saved given as cash bonus. Not a perfect solution, but worth a try.

I'd resign. And then question their sanity.

Me? I'd hire someone who knew what they were doing!

I "fix" Social Security (it isn't really "broken") by eliminating the cap. I treat ALL income equally, and eliminate all deductions, exemptions, and credits from taxes. I eliminate business subsidies, and cut "defense" spending by at least 2/3rds.

Get advice from people like whoever is in charge of finances for the LDS church. They are able to care for not only their members, but give humanitarian aid all over the world just from voluntary donations of the members.

Tell them that I'll report in for duty in five years after extensive research and interviews to come up with a plan for action.

Does this mean I can make cuts and changes?

I like your second answer choice! I would definitely resign, as I don't have a clue!

Meet with the captains of industry to determine their needs. Meet with the unions. Meet with our international partners. Crunch the data. Plan it. Next installment.

The better question is - what DON'T I do?
There are an innumerable amount of things which need to be addressed.

tell them to appoint my husband! the man is fantastic with $ if not a bit to frugal

Call Nancy Reagan