Simple solution: Nationalize all fossil fuel reserves in the US.
The US oil is an estimated reserve of 1.4 Trillion barrels. Times $80/bbl, you have more than $100 Trillion in assets. Coal is comparable. We the People own it, not them the Koch brothers.
Let's put our nation in super-solvency immediately: President Obama, nationalize all the fossil fuel reserves in the USA IMMEDIATELY! Invoke "right of Eminent Domain". US goes from $16Trillion in debt to $184 Trillion in surplus instantaneously. Medicare for everyone, high speed rail, the grid, and a super basic R&D budget! And, the People can have a 3 year break from paying income tax.
Household, corporate, agriculture, natural resources, govt sectors all equally split the $16t. 110m households each burden is $29k amortized over 5 yrs equals $500/mo. After 5 yrs never issue another bond...PAY WITH CASH.
And in all honesty its the baby boomers responsibility to pay off 75% of the household debt portion, they are the ones that are living the good life with home paid off with massive returns in 401k/home appreciation. And they are the generation that allowed us to get in this mess.