the media and Obama keep saying the lie that if the debt ceiling is not raised that it will lead to default . that is a big lie repeated again and again. nothing could be further from the truth . the Constitution demands that the debt be serviced FIRST and the stupid U.S. gov is taking in monthly 10 times what is needed to service the debt. so if Obama purposefully defaults (doesn't pay the interest on the debt which must be paid first) then Obama is committing an unconstitutional crime . just threatening to default as it Obama is doing is unconstitutional and Obama is lying and must be impeached for this.
nothing should happen if they don't raise the debt cieling .however Obama and the media are trying to get the market and economy to crash to blame the Republicans for ruining the economy
Theoretically it should go like this.
Step one: remove Boner. Gohmert for Speaker.
Step two: impeach.
Step three: vote out the Rats and Rinos who block the removal of the TOTUS. Starting with 2014.