Unfortunately it wouldn't remotely begin to scratch the surface of funding our spending issues. The US is facing perma trillion dollar annual budget deficits,

Unfortunately it wouldn't remotely begin to scratch the surface of funding our spending issues. The US is facing perma trillion dollar annual budget deficits, even with tax hikes. You could reduce our military spending to a reasonable 2% of GDP - ~$450 billion - and the difference wouldn't even cover half of our debt interest per year at this point. The US probably needs to be spending $150-$200 billion on additional annual infrastructure spending at this point, for at least a decade. Entitlements or healthcare? Throwing an extra $100 billion at those per year is a drop in the bucket ($100b = ~2.6% of US healthcare spending per year). For 20 years spending growth has been far outpacing economic growth, it has been plainly unsustainable for a long time. Now we're putting everything on the global reserve USD credit card. You can't keep growing spending at 7-8% while your economy grows at half that rate or less - unless you're willing to go the currency debasement route, which is what they've chosen thus far.