at the national level.
At the state level there is a similar strategy of cutting revenue to the point that states can barely function - look at Kansas.

It hasn't stopped governing yet, but we edge closer all the time.
Unfortunately, through their propaganda through the very friendly corporate media, raising taxes and rearranging priorities to put people first has become poisoned.

At some point both states and the country will start selling assets to private companies. This has already happened in a few corners, but not enough to create an outcry. What happens when we must pay tolls to GM to drive on their highways to get to a doctor?