Oh yes you could, just by lessening the overhead incurred in welfare.
Have you ever visited the U.S. debt clock real time?
Very interesting data. Just take a look at it, then imagine an upcoming recession. Then If that is not depressing enough, think of another war the U.S. will likely be involved within the next decade.
Everyone of these numbers will balloon. Again, you could cut every budget, halt dept. agency growth, Federal new hires, allow federal attrition to take place...cut waste, fraud, abuse....still wouldn't get us out of this mess.
Debt to GDP ratio is around 105%. Do you realize what this means?