The first thing you do when you find yourself in a hole is stop digging. You aren’t going to find your way out if you don’t do that.
But there’s no urgency, because the money is currently going into the black fiscal hole that all our bad money goes to. The fixes won’t be popular or pleasant - same as with entitlements. So of course politicians don’t want to touch it.
Craze, as you know, government spending whether it is mandated (as in entitlements) or is discretionary that it does not go down a hole. It ends up back into the economy where it is spent, saved, or invested.
The political question before us is always about the size of government spending and what the spending should consist of. In addition how and what does the government do to raise the revenues necessary to cover the spending without deficits.
Finally if there are deficits, do we just accumulate them ? The final question being, for how long and how much do we allow deficits to accumulate ?
The answer to this question continues to this day to be unresolved.