Not only is this needed financially and economically, but in every way. The only reason leftist crap is killing our country is because the gov spends money on evil programs, agencies and so on. With no money spent on the myriad crap that is killing us, the bitter fruit will wither on the vine.
Cutting spending back to what is Constitutionally authorized is the only thing that will save the US.
You are right on the ‘money’!
Don’t need to cap spending. Just cap borrowing so that it cannot exceed a 7 year payback or the lender doesn’t get repaid. No rollovers to new loans. The rest will take care of itself.