We should just repeal the debt limit law and at the same time pass a balanced budget amendment which includes all Federal spending. That way nothing gets spent "off the books" like Bush 43 did with the Iraq war. We need to get our fiscal house in order and this debt limit circus is just a reason to play politics as usual. Ripley in Aliens had it right, "Just nuke 'em from orbit. It's the only way to be sure".
Updated by Mrs. Righty. Why is it that we "common people" can come up with a solution but the Morons that we elect can't. I would compare the existing situation to having a High limit Platinum Visa card and what Mr. Righty is suggesting would be to give the Feds an American Express gold card. that way they have to pay it off instead of carrying a balance. So there!