Ok, I'll play. Not raising the debt ceiling would mean an instantaneous ~40% cut in Federal spending. So, we start by completely eliminating some entire Federal departments/programs, such as Education, Health & Human Services, Interior, federal unemployment extension, 100% off all foreign aid, contributions to the UN, IMF, etc.
Then, what's left is given an across-the-board 40% haircut. Everything - Social security, medicare, medicaid, the military, all of it - 40% less funding.
Then, we have a national discussion about what we really want to spend our limited Federal revenues on and rebalance as needed, within the constraint of actual revenues.
If you go to my site http://www.freedomradiorocks.com you will see that we great minds think alike!
First lets cut the bullshiite and then we’ll talk about the insurance plans.