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The solutions are simple.
Look at Greece, Ireland, Italy, Spain, Portugal and the UK for how to fix the problem.
Basically it will mean more taxes, less spending. both of which will hurt your standard of living.
The money being borrowed to prop up the US economy to a level it doesn't earn, goes into the pockets of Americans. Look around and see the loans and how they're spent. Roads, police, fireman, army, Government funded projects, offices full of public sector workers.
And low taxes. Yes your low taxes are not funding what your Government spends, which in a roundabout way ends up in your pockets.
You want to know who to blame?
Look at the "Made in ???????" labels of what fills your house and then look in the mirror. Then look on the back and where it was made.
And it's not just the US, it's a problem for most Western countries.
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