This Debt ceiling, if it's not raised, could lead to a very bumpy stock market, for who knows how long.
I think they will [have to] raise it, but they seem to be cutting the deadline very close! What happens if there were a huge event, such as 9-11, or an earthquake etc , that somehow delayed congress from getting this done?
Seems that in a catastrophic situation it is the locals that respond immediately with the most effective support and the feds show up weeks later, take control, and screw up everything. No worry on the budget, they will muck something up that is totally useless for everyone and we will still all pay the reaper in the long run.