Restructuring the National Debt

I think that in order to make this work, we need to restructure the national debt. We can't pay $32 trillion; so let's reduce it. I'd rather reduce the debt even if that means our credit rating drops. Who cares what our credit rating is because we're not issuing any more debt? Does it matter? Our credit rating is only important if we have to borrow money. Everything that's worth doing is worth paying for. The government can deliver taxes. Most Americans don't want the government if they have to get a bill.