An additional $1 trillion in government spending cuts would allow the US to add only 3% to the national debt annually, manageable through inflation, by drastically cutting social services, the Department of Education, Social Security (by 25%), and the military, while refinancing the national debt.
"if we could cut another trillion dollars from government spending, then we could only add 3% to the national debt every year over what we already owe and let inflation take care of it over time. To do this, we'd have to cut most social services, the Department of Education, reduce Social Security by another 25%, and cut the military budget down to what's absolutely necessary while refinancing all of the national debt."