I'm all for telling ANY country that we owe debt to; who we happened to help out in the past with aid; that we're EVEN. Then; let hyper-inflation kick in, and when the remainder of the $14 trillion debt is worth about 25-30%, pay it back then. Then, we'd be debt free, and inflation would automatically go down and we become financially stronger.
Unfortunately; we have too many politicians who believe in a socialist/welfare system. Every dollar we save, they will find some other social program to spend it on. The real answer lies in the 10th amendment of the bill of rights. We need to take the 90%+ of federal programs and powers that aren't constitutionally given, and give those rights and responsibilities back to the states and the people where they belong. The Federal government has absolutely no business having a "Department of Education", "Health", "Social Security", Department of the Interior, agriculture, etc... There's nothing wrong with having regulatory agencies that are small and provide standards; but that's where it must end. The federal government needs to simply deal with Inter-National and Inter-State issues. The individual states need to take care of their people and control their resources. Unfortunately, that is the right answer, but requires reducing the federal government to about 25% it's existing size. Politicians like the POWER they have. They'll never go for that.