dollars actually go to paying the interest of the debt we have accumulated rather than something productive for the country?

How much is the individual amount necessary to erase the national deficit?

This country is technically in a position of insolvency now. We have already run out of everyone else's money and currently are operating on the money of our future generations and stealing their futures.

If the current debt was called in or if tomorrow no one would loan this country any additional money for it's debts, please expound upon the situation that would exist in this country.