Cut spending, cut spending, cut spending!
It really seems that Congress does not listen to what the people want. While making a last minute passage of the Bush-era tax cuts extension the lame-duck Congress also spent more money, and that was not inclusive of the funding for government operating costs. They just don't get it.
We provide aids to dozens of foreign nations who hate us. If they hate us when we help them, it won't be a great loss if we save the money for American needs. Remove federal education funding to states and reduce taxes accordingly. The States can then add taxes they need to fund education as best suits their needs. Federal guidelines and standards have proven to be substandard on a global scale.
Business and industry will provide funding because those graduates will be the people that they will hire. Stop importing workers and exporting jobs. In some areas here in Oregon (Lane County) there is 12%+ unemployment. The State average is over 10%. We need to create jobs, first by reducing the taxes and regulations on companies, and removing subsidies that keep prices and wages higher. Let the markets run free!
Most important is to reestablish a monetary system that is asset backed. Repeal of the Federal Reserve for me is more a priority than even the Health Care bill. Having a currency that is backed by a tangible asset stabilizes the value of the currency. It gives currency inherent value that is based on the assets that back it. Gold, silver, oil, wheat, corn, pork bellies, whatever assets can be bought and sold in exchange for silver and gold, is a tangible asset that can maintain a stable value for the monetary system and allow it to expand simply by adding assets to back it.
With all of the debt incurred just over the past decade, America is very close to a total meltdown. Regardless of when it happens, it will be as bad at the Great Depression for millions of people. There is no getting away from it, but the recovery period can be hastened or prolonged depending on how we as Americans act.
If we just allow it to happen and allow the government to fix it, we will be facing the prospect of the end of the United States of America as a sovereign nation, and will become a "member" of the North American Union, which was established under UN policy complete with the new currency of the NAU, the Amero.