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I don't know 'about the current Posseur in Occupancy of the WH, but a truly fiscally conservative President could hack the required $billion or two as it becomes necessary from any government program the President deems appropriate by Executive Order, in order to prevent default on the public debt. Failure to do so would constitute grounds for impeachment. Obviously Congress is just as culpable concerning the matter, but what mechanism exists to impeach ALL of Congress?

One plausible scenario I can see is Congress indeed raises the debt limit, and if a fiscally conservative President vetoes that, Congress could over-ride that veto. Think the votes are there for that?

In the mean time while Congress is squabbling over that, President has to take whatever action to avoid default on the debt. Period.

However, I'm not delusional to believe Obumbster would veto the debt ceiling incrementation. How long would that be in effect, and what ramifications in that regard for the next President with bona fides of residency in the WH? Think that could turn into a Constitutional crises show-down? You betchya. ;)

Which one of the candidates has the stones to do that?