It is a matter of degrees. On the one hand you have to cut drastically and that in itself is going to be painful, but the alternative is a sudden and complete collapse somewhere in the very near future.
I think it is very important to point out that almost all of the debt is pure bunk. This is a manufactured crisis - a design by the criminal class to subjugate us.
"The United States can pay any debt it has because we can always print money to do that." — Alan Greenspan
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