I consider myself fairly involved with most politics. But this debt limit thing has me really confused. This is not a joke thread or a political ploy. I really don't get why we can't just say no and force ourselves to live within our means. I've heard the talking points of all sides involved so I'm not interested in one liners. Please be realistic and level headed with your responses. My thinking is we will still have all of our regular revenue coming in. We can pay interest only on the debt to keep it from growing while the "country debates what, where and how to cut" to find the extra cash we need to start paying the principle down. There are lots of areas where we, both republicans and democrats, could sacrifice to get back to a balanced budget. I might even go so far as to say minor across the board (every tax payer) temporary tax increases could be considered as long as serious, permanent and MASSIVE cuts are included. End loopholes, all subsidies and most non life threatening foreign aid. Institute a flat tax or a vat tax to even the contributions to the treasury among ALL Americans. These are not my core beliefs or desires but they are things I would consider reasonable IF WE DIDN'T RAISE THE DEBT LIMIT and intended to do what's right. Who is right? I don't know who to believe because nearly everyone plays politics with this situation. Bush had me convinced Tarp was right but now I feel it was mostly a complete waste. HONESTLY CAN WE RIGHT THIS SHIP WITHOUT GOING DEEPER IN DEBT? For those that respond seriously, thank you.