like any responsible adult facing debts, they should tally up what they are bringing in, subtract payments to debts... and then only spend what’s left (this is the government, saving some money for later is not an option)
this being said:
we bring in $2 trillion.
we owe $14.5 trillion.
interest payment would be about 5% annually... or $700 billion
that leaves $1.3 trillion for everything else... and we haven’t reduced the debt one dime!
assuming we put $300 billion to the debt each year, that would leave $1 trillion for spending. that’s it. now... pick the programs we can pay for from the $1 trillion.
of course, if they want more money... then they need to attract more foreign dollars. to do that, we will need a more diverse economy and the ability to offer attractive deals to foreigners.
i would go so far as to recommend radically lowering taxes on any business coming from outside the country. this would encourage such business while helping bring more money into the country.
And that doesn’t mention the unfunded mega-trillion liabilities of social security, medicare and ObamaCare that are about to befall our nation. If the congress does not reverse course immediately, America is going down! The USSR was not too big to fail, neither is the USA.