Look at the people we have in Congress. Are those the kind of folks you would trust to rewrite the Constitution?
The state legislatures will be in charge. Read Article 5. The Feds will have no say. Nobody really knows what is in the Constitution for our self defense against a runaway Federal Government. The Founders knew this would happen and gave us an out if it got too bad. Well if it is not bad enough for you yet give em a couple more years.
I am still waiting for someone to tell me how we can pay off over 200 trillion dollars of debt in the next 30 years when the rates go up to 7 or 10%.
Sadly it is time for the states to take action.