It’s recorded in history:

"The budget should be balanced;

the Treasury should be refilled; public

debt should be reduced; the arrogance

of officialdom should be tempered

and controlled; and the assistance to

foreign lands should be curtailed

lest Rome become bankrupt.

People must again learn to work,

instead of living on public assistance." 

 - Cicero, 55 BC

It could happen again!