Well, here is the problem.
Congress is out of control with spending. One would think fiscal conservatives would want to correct this. But apparently the promise of that is solely enough, and important enough, that they dont actually want to do it, or they lose a campaign issue.
Democrats are being too short-sighted (shocking i know). And they only care about what will win votes in november, not what is best for the conutry.
With the issue the way it was, they HAD to vote to increase the debt limit. Anything else is unsatisfactory. It had to be done.
Lets assume you were using your credit card to pay your mortgage. You manage to pay your credit card bill every month and, other than excessive debt, you have a stellar credit report score.
This works great for a while. But eventually you are up against your limit. You have no further cash. Correcting your spending habbits are paramount. But what you really need, short term (very short term) is a credit line increase so you dont hurt your credit (and lose your house) and can stay on your feet long enough to correct the problem.
Same thing is happening here. We needed to increase the debt limit. It had to happen. HOWEVER, we need to take IMMEDIATE action to ensure the problem is corrected. I dont have faith in congress to do this, but damaging the "full faith and credit of the united states" to make a point is not worth it.
I would love to stand up and make a statement in the november elections, but I live in VA and my senators are not the problem...nor is my representative (anymore...used to be the AWFUL Bobby Scott).