Our government has over promised and over obligated our economic future. We cannot pay everyone we have promised to pay. IMO we have to cut spending on one or more than one of the following:

Social Security
Medicare
Medicaid
Federal Pensions
Interest on our current debt

While we are trying to figure out the cuts we need to make, lets stop borrowing more for current spending. More borrowing only increases the interest on the debt. No more debt ceiling increases!

There are no good choices, only choices which hurt different people differently. The cows are coming home and it doesn't matter whether we want them or not. To do nothing is to admit defeat and invite destruction.