Please wait https://www.phantomconnections.space/phpBB3/viewtopic.php?f=3&t=751605 hqtube Otherwise known as the debt limit, this is the amount of money the United States is allowed to borrow in order to pay for existing expenses such as Medicare and Social Security benefits, military salaries, tax refunds and interest on the national debt. Congress must authorize raising the debt ceiling, and it has always done so. Republicans who are weary of increasing spending argue that some budget cuts should be made in order to secure their vote on raising the debt ceiling, and that during past negotiations, such cuts have been made.