Given the ease with which the Soviets could cheat on an agreement and the incentive they would have to do so (given the considerable vulnerability of the U.S. fleet to nuclear attack) the only realistic option is for the United States to deploy a modest number of effective nuclear weapons for anti-ship, submarine and aircraft purposes.
Consider that many of the so called people who overreached were pushed to do so by mortgage sellers willing to lie, cheat and steal to get more business while bamboozling some of the poorest and least educated people.