It appears that the only other nation on the face of the earth that has a debt ceiling is Denmark. I see no useful purpose that it serves. If we want to cut spending, we cando that in the budget. The Constitution says that the federal govenment can on spend what Congress has authorized. Section 4 of the Fourteenth Amendment holds that the debt of the United States is "not to be questioned", whatever that means. So folks, why not just abolish the debt ceiling? If Congress approves a budget, it could simultaneously approve paying for it.