My own bi-partisian national debt reduction plan

1-Rewrite the personal income tax law
Make less than $50,000 per year, pay 10%
Make $50,000 to $500,000, pay 20%
Make more than $500,000 pay 30%
No deductions
No exemptions
ALL income is subject to withholding

2-Eliminate ALL Federal subsidies, depreciation allowances, etc. for businesses, industries and corporations operating in the United States.
Stop ALL foreign aid payments. In order for a country to re-qualify for United States foreign aid, they must submit to an audit of where the money has gone and how it has been used in the past 25 years. If more than 30 % of the money cannot be accounted for - no more foreign aid.

3-Eliminate all funding for congressional staffing. Corporations are writing our laws anyway and then paying to have the legislation introduced. Since the corporations are funding the legislative process there is no need to saddle the tax payer with duplicate costs.

4-Cut $200,000,000,000 from the defense budget.