1) By accumulating debt
2) By raising taxes to pay for it
There are no other ways, so here is what we need to do - Decide on just what kinds of programs are going to be the Federal government's responsibility, and then collect taxes to pay for those programs. Some of these programs are going to require quite a bit of taxation. So what programs do we need, and what needs to be slashed or gotten rid of?
a) The Pentagon - By far, the largest chunk of the money we spend.
b) Medicare and Medicaid.
c) SNAP, formerly called food stamps.
d) Agricultural subsidies.
e) Bank bailouts.
g) Homeland Security.
These are just a few. Whatever we decide to keep we are either going to have to have taxes for those programs, raise the debt, or eliminate the programs. Those are the 3 choices. And whatever we keep, we are going to have to collect taxes for them, unless we want to go deeper into debt. We can't have our cake and eat it too. Paying taxes on programs that are good is the only responsible thing to do. There is nothing Communist about that. Once again, it is about being responsible.
NOTE: I like the flat tax system on purchases, also known as "Fair Tax", where food, mortgage/rent, medical expenses, and educational expenses are exempted. If a rich man wants a Roll-Royce, he will pay the tax for it. This system is more than fair, and we can eliminate the IRS in the process too, replacing it with a department headed by a Comptroller, which would collect national sales taxes. There would be absolutely no loopholes for the rich, and the poor would get a break, unless they decided they could afford to buy an expensive flat-screen TV. Also, illegal aliens who work under the radar, whose earnings are not reported to the IRS, would pay taxes they are not paying now (until they are caught). Finally, drug dealers and organized crime would be paying taxes that are now not reported (until they are caught). There would be no loopholes whatsoever. Even GE would end up paying its fair share instead of zero, which is what it paid this year.