Except America didn't vote for spending cuts. America voted for European-style social welfare. This doesn't come cheap and the "rich" alone won' be able to pay for it, even if they were taxed to the last penny. Not even close.
Pay it America! You asked for it!
We can only wish to get to be a European social welfare state. The United States is way beyond Europe in this idiocy. You see in Europe the freebies are not so free. The layabout class is actually expected to pay taxes for their free stuff. In the the good old USA the free stuff is free. The layabout class pays nothing, just takes with both hands. The producers in Europe and the US pay about the same in taxes today, and are government is about to take more. The truth is America voted for a European-style welfare state expecting someone else to pay for it.