Starting immediately we’ll be selling off the assets of the least profitable states and letting all the citizens go.
These states are first on the block, they all get way more from the federal government than they contribute and are therefore unprofitable: Virginia, Louisiana, Alabama, Kentucky, Mississippi, New Mexico, West Virginia, Alaska and South Dakota.
Selling off the bottom 10 will net 118 billion a year saving before we even consider what we’d get for the assets, although some of them may be tough to sell (2007 figures, source IRS)
What?! You don’t want to run the country like a business any more? I’m shocked!