How that will happen, within the law or by "other" means, is the question.
At various times, America has been broke, subject to foreign pressure, and in a great depression before (1790's, 1870's).
If history repeats itself, the most actue situation we may be in looks like South Carolina in 1871 (a broke state government, looted by legislators, with citizens over-regulated by reconstruction policies).
Right or wrong, it was tactics employed in a citizen's rebellion, that turned that tide.
The citizens were more independent in those days, hunting, fishing, growing crops, cutting wood. The governments were less empowered and didn’t have the legions of government workers that they do now. Old people were not property of the state.
Old and near retirement will support the state.
Growing poor, multi generation welfare and near welfare working class and single slattern mothers will support the state.
State, local, county and federal workers will support the state.
State contractors and contractor workers will support the state.
Banks
and all finance organs are already part of the state.
Academics which depend mainly on the state will support the state.
The MSM will support the state.
Police, National Guard, Military will obey to shoot to kill.
I don’t see any significant population to effectively revolt, except one group. Risk taking capital. That’s already on strike.
Other than that, everything’s fine, the money presses running straight out and hot.