The red ink is from the military industrial complex and extreme over promises made to the entitlement systems (used to buy votes for decades and decades). The bills are coming due, and it has been obvious for decades that America could never afford to pay them.
And worse, this is all happening without the true cost of the US debt being taken into account. We're temporarily getting a free stimulus from hyper cheap interest rates on about $12 trillion of debt. That debt at a mere 5% to 6%, wipes out Social Security or the entire military.
Social chaos begins where the violation of the so called social contracts begin. That time isn't far into the future now. The American people are just as responsible for this mess as the politicians, if not more so. That middle class voted this mess into being over the course of many decades, either directly or by negligence and willful ignorance. If the American people aren't careful, they're going to get exactly what they deserve.