Mark Gongloff: Debt-Ceiling Battle Cost The U.S. Government $1.3 Billion: Study Their last little show of partisan theatrics cost us more than ONE BILLION DOLLARS, but wit that stop them from pulling the same shit again? Hell no. They're looking forward to it. One reason they'll do it again is that so few rw's know or understand what the "debt ceiling" really is. Many believe its what congress will spend in the future. D U H ! !