That sounds nice, but how do we go about doing that? Unless all 50 states join together and say to the Feds "you guys are out of control, we're taking some of the power back," nothing's going to happen.
The states are closer to the people. If your state goes rogue like California, no offense to Cali, you can move. Many native Californians have left for other less oppressive states. But with the Fed seizing control from the states, ruling over them like overlords, there is NO recourse. The only way out is to leave the USA entirely. The founding fathers fought so bravely against just this kind of tyranny (King George and England). They feared it, which is why they gave states so much power than the Fed. But states' powers have been whittled away by many congresses, presidents, and Supreme Courts.
We don't need 100% of states to pass a new amendment to limit the Federal leviathan, only 2/3's majority to propose only 3/4's majority to pass. Not easy, but doable.