Yup. Tough sh*t, there it is. And that is what will have to happen right now, or we are doomed.
The problem is most of our budget now is social programs. Which means cutting them cuts off income to alot of people, deserved or not.
Again, not saying that that can't be done, but there will be a great deal of economic and political fallout.
I couldn't tell you the total negative economic impact it would have, or how long the effect.