At the cost of a few brain cells I skimmed through the comments section of that article and came across someone claiming "that even confiscating every single penny of every millionaire and billionaire in the US WOULD NOT SOLVE THE SPENDING PROBLEM!!!"

Does anyone know if this claim is true? On the surface I suppose it is, though I don't know how many hundreds of billions the richest in the US possess. Maybe the govt can discuss a taking out a loan with Wall Street, who apparently have $10 trillion under their management.