Well, "We the People" also owe $19 Trillion in direct Fed.gov debt liabilities, and probably triple that amount in unaccounted liabilities.
Depending if you listen to Stockman or Fmr Comptroller David Walker it is between 100 trillion and 220 Trillion + or - 5 thousandths....
So it is a great idea, but if you don't downsize / rand corp ring every dollar out of the beast and reduce duplicity out of Fedzilla, the core spending that is unsustainable remains...
Yes you are right and we need to fix it.
But you can not sell the chicken that lays the egg and expect the baker to make the cake that needs the egg.
The solution is to stop the spending and bleeding. Sure shutdown the alphabet departments and the multiple parallel departments that soak us like a sponge.
Then sell off their assets.
But selling our land off is another deal. This must be handled very carefully.