The solution is easy:

1. Cut the federal government spending by no less than $4 trillion per year for at least the next ten years, cap government spending at no more than 90% of federal revenues, and pass a well-structured Balanced Budget Amendment to the U.S. Constitution.

2. Get the government the hell out of the way of the private sector so it can get the economy back up and running again.

3. Use any surpluses in subsequent federal budgets to pay down and pay off the national debt.