First, apply standards from the private sector to the public sector in terms of accountability and fraud. for example what happens in the private sector when you raid a pension fund?

Second transfer federal programs to the states. this allows for 50 experiments. and state to state migration.

Third, phase out the fed. then all of the sudden deficits become a problem, or just return to ma gold standard.

You will find when the government cannot easily borrow money that programs will all of the sudden become less desired.

4th, transfer as much as you can to the private sector.

whatever perils may lie in the private sector they are small in comparison to the mass fraud of government.