[kidd]

Geithner claimed failure to raise the debt limit would force the Treasury Department “to default on legal obligations of the United States” causing “long-term negative impact on U.S. creditworthiness.”

This was promptly proven wrong when S&P changed the US credit rating outlook to "negative" precisely because it felt that US debt was out of control.

[Bailee]

“Over the next year, the U.S. government will have more than enough tax revenue to make interest payments on the debt, send out Social Security checks and pay the troops. The only reason the U.S. would ever default on its debt or miss a Social Security check would be because Geithner chose to fund other priorities instead.

Sound like Foreign obligations can be paid. Grandma and Grandpa can be paid. Soldiers can be Paid.

NO Reason for the Republican Congress to Increase the Debt. Reduce Spend or Shut down the Government.

BHO is your move.