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Possible alternatives include:
- With a roughly $350B annual budget, cutting wasteful programs could likely recover ~$50B per year
- If additional revenue is needed, tax loans on unrealized capital gains, limiting tax-free rollovers of certain appreciated assets, and implementing a step-up in basis on inheritance could raise multiple billions
- Converting public retirement plans from Defined Benefit to Defined Contribution would address the ~$1T+ unfunded liability and relieve long-term fiscal pressure
RE: LeoThread 2026-01-15 14-10