1. Set clear priorities but cut almost everything else. Not everything government does is equally important.The explanations behind this short general list can be found at the link. While I am personally not reflexively opposed to tax increases in some cases, as Pawlenty is, I think he's pointing in the right direction. And has good concrete examples of things he did in his state.
2. Reform out-of-control entitlements. By far, the biggest long-term driver of the federal debt is entitlement spending, including Social Security and Medicare. These programs are going to have to be changed. And despite Beltway rhetoric, it can be done.
3. Sacrifice. Americans have sacrificed enough; it’s time for government to sacrifice for a change.
These are the sorts of changes the future holds for all of us, If we are lucky and wise, we get on board now and do them by choice. If not, they happen anyway when insolvency forces them on us in more ugly, unfair, uneven, unpleasant ways.