Quote Originally Posted by Vteckidd View Post
Wrong.

The Debt Ceiling closes the amount they can spend by forcing them to prioritize what gets paid with what they have. Right now, its a blank check.

Program costs 100BIllion, spend it, 500 billion spend it, etc etc

When you clamp the debt ceiling down, they must meet their obligations not by printing more money or selling more bogus bonds, they have to deal with the revenue they have coming in.

The debt ceiling is how much MORE MONEY we can BORROW(translation ISSUE) and we never worry about paying down what we already have borrowed or spent. By not lifting the debt ceiling, we will force washington to deal with what they have already spent, not give them more ways to spend more.

There are laws on how much money can be in circulation and the Debt ceiling is 1 factor of the equation
You are right to an extent but what you neglect to discuss (and my main point) is the fact that we must raise the debt ceiling simply to pay for the laws as they already exist. The promises have been made and the money spent so no matter how much you prioritize, some promises will be broken. Who should get shafted then? SS? Medicare? Military salaries? Other countries? There is fallout when you don't have the cash to pay your bills. We got a small glimpse of that during the last debt ceiling debate that resulted in the drop in our credit rating.