For instance, the “One Big Beautiful Bill Act” included more than $1 trillion of net spending cuts but also $4.5 trillion of net tax cuts. Most of our current deficit and future funding problems come from a familiar problem—Social Security and Medicare cost more as the population ages and health care costs grow. Most of those tax cuts were bipartisan, with just the 2003 Bush tax cuts and both Trump tax cuts enacted on largely party-line votes. Had all tax cuts and spending hikes over the last quarter-century been fully paid, our debt would be paid off. It also means addressing Social Security and Medicare and aligning the trust funds’ costs with their finances.