That isn’t enough; there would have to be cuts to social security & medicare. The rich don’t have enough money to cover the federal government’s obligations.
That's not true. Doing it with a single tax change is possible but would be a massive hit. With multiple tax changes it's actually fairly small hikes even without entitlement changes. A small wealth tax, eliminate the pass through loophole, increase the top income tax rate and eliminate the social security limit and you'd have a surplus.