As to the burden of interest, it occurred to me nearly fifty years ago when I was graduating college as a history major (many trillions of national debt ago/ Obozo Akhbar!) that the United States is destined to repudiate that debt. Our politicians love to spend money and hate to raise taxes on ordinary voters for obvious reasons. People and nations holding T-Bills will be caught holding the bag. We now owe (for PAST unfunded expenditures for whatever purposes) nearly $20 trillion. We are also committed to future unfunded expenditures for Social Security and Medicare and Medicaid in gigantic amounts.
The good news in all this? Once we effectively bankrupt as a nation, we will be on the same kind of fiscally responsible program as that of your family. No one in his, her or its right mind will buy US T-Bills once we have demonstrated a willingness to repudiate that debt. As a nation, we will again learn to understand the concept of "Can't afford it!" We will actually have to prioritize our nation's spending habits. Sell the bulk of the utterly unnecessary humongous amounts of land owned by the federales that strangles the economies of our western states. Put the proceeds in a genuine iron-clad trust fund for actually NECESSARY expenditures starting with military and care of the elderly (like me). Make the trust EARN money by prudent investment practices.
Abolish each and every unnecessary government agency and program: BATFE, EPA, Energy Department, Education Department, Labor Department, Commerce Department, Civil Rights Division of Justice, and set a goal of abolishing a department or agency or major program each day until we have gotten rid of about 80% of the fedgov monstrosity.
Apply all savings to paying down the debt (if we think we can). Scrupulously avoid any further accumulation of debt. Abolish or severely reduce as many taxes on ordinary folk as possible once the ship is righted. Amend the constitution as necessary or desirable to prevent future accumulation of debt.
The courts have begun to decide that they somehow have jurisdiction to order governments to tax and spend on pet projects of the left. When we again have a genuinely American POTUS, abolish all existing fedcourts to get rid of the judges. Have Congress enact a new Judiciary Act to allow the appointment an entire new group of "judges" under a different name to replace the "judges" being retired. We may have to pay the old judges for life but we don't have to put up with their judicial evils. Call the new "judges" something like "presiding judicial officials." Overwhelm the SCOTUS justices by adding about nine new and sound justices. That should cause Ginsberg, Breyer, Sotomayor and, maybe, even Kagan to collectively drop dead. If so, replace them too.
Once we have taken these giant and painful steps, we can rebuild our own country. Then and only then will every American join your family in living well.
Ronald Reagan had no intention of rebuilding Russia and the former soviet satellites after he caused the downfall of same (without firing a single shot just by revving up an arms race which the soviet marxist economy could not afford). Those suffering in the gulag were freed without our wasting our resources on rebuilding Russia. The freeing of the gulag was well worth doing. A side benefit was some major future savings on wars and military expenses related to soviet schemes. It was good business.
Each of the ethnic groups in our country has its own traditions and from those traditions we weave an American tradition. Your home page indicates that you emigrated here from India which suggests many quite desirable character traits of responsible and diligent behavior, thrift, business acumen and a respect for learning. You bring that to us. You came here and stayed because you must have found in our existing civilization (however flawed) adequate reasons to do so.
Nonetheless, for good or for ill, we have our own traditions. One of them is an aggressive military tradition. George Washington, Mad Anthony Wayne, Light Horse Harry Lee, Robert E. Lee, Stonewall Jackson, Nathan Bedford Forrest, Ulysses Grant, William Sherman, Alfred Thayer Mahan, Black Jack Pershing, Douglas MacArthur, George S. Patton, Jr., Omar Bradley, Bull Halsey, Chester Nimitz, Ernest King, Lewis "Chesty" Puller and many other fighting generals and heroic enlisted men like Sergeant York and Audie Murphy. As we must learn from you, so you would be wise to learn from us.
Besides getting interesting jobs in design and manufacture of heavy machinery, main reason I stayed is because of easy access to numerous magnificent golf courses in US. Few other countries can boast that.
And yes, the government is way too much bloated. Too many dis-incentives to work because of too many freebies by the government.