If you are a sane human being who is not mentally deficient you realize that the united states stands on the brink of financial ruin, record deficits and ballooning debt are set to collapse our economy. Yet there are protections in place, previous generations saw fit to place built in limits such as a debt ceiling that would automatically save us from ourselves... why would we ever want to remove them?
What would happen if we reach the debt ceiling? a balanced budget out of necessity. With no more borrowing power the nation will be forced to spend only what it brings in, its creditors will be paid first their interest (which is a good chunk of our income), and the rest will then be allocated between the various programs... and thats it. No more out of control deficit spending, we still are stuck with ridiculous debt and interest payments but at least the tide is stopped, and stopped in a way that could not be achieved otherwise.
There is absolutely no reason for us to voluntarily remove the only thing protecting this nation from the democrat's plans of financial ruin, there is absolutely no benefit to it... yet I fear, I fear that the republican leadership is weak and pathetic... they got rolled over with the government shutdown issue, I couldn't contain myself with happiness when I heard that is a possibility, one of the best thing that could have happened would have been a government shutdown, the longer the better. But no, it was averted by republicans agreeing to maintain current spending with only a few hundred million in cuts, then they go out and lie to us, telling us it was 38 billion in cuts when it was actually only a few million in cuts.
Some have raised the possibility of raising the debt ceiling in exchange for a constitutional amendment requiring the balancing of the budget... This is effectively replacing a current debt ceiling that requires a simple majority to remove with one that requires a super-majority to remove AND grows smaller every year. The democrats will never agree to this as it will be the end of their party. They will never agree to it and by even suggesting it all people hear is "raising the debt ceiling is acceptable, it is inevitable, and all we have to do is agree about the price"... And that is certainly not the case.
Whatever you do, do not raise the debt ceiling, let the government "max out its credit cards" so to speak and be forced into living off its income only, it is the only way to stop bankruptcy in the short term while working to gain control of the house, senate, and white-house in order to enact some proper reform.