I have asked this question many times on this blog, but if the debt ceiling gets increased every time it's hit, what's the point? Is it even a ceiling at that point? Sen John Barrasso made this speech on the Senate floor to address the debt ceiling negotiations and the Senate's failure to adopt a budget in 822 days (yes 822 Earth days!):
Raising the debt ceiling will simply lead to more debt any way you slice it. Speaking of the debt ceiling: Senate Republican Whip Jon Kyl Delivers Weekly GOP Address On Debt Ceiling Debate
Plus from Rep Graves: Compromise Is Whats' Led Us To the Mess We're In
Graves was tea party approved. Which reminds me: Washington's Big Spenders Vilify Tea Party For Urging Fiscal Discipline