What happens if US reaches debt ceiling?

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While the U.S. faces a key debt limit deadline Thursday, the bigger issue could come this summer if there's no deal in place by then.
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Politicians vote themselves a raise and go on vacation? Seems to s.o.p. for them.

BLUELEADER
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Man... Imagine what it would be like if the government ACTUALLY CARED for the people who pay for it

thejake
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Imagine if the politicians actually worked for the people instead of themselves….

KYOYOM-nwnh
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If nothing gets fixed, we're putting these usless politicians on minimum wage

Xyleryx
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Reaches debt ceiling, and at the same time preparing another 2.5 billion for Ukraine, this country and administration is a joke.

GoldyAI
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Your elected leaders on BOTH sides told you they will continue to support Ukraine no matter the cost. This is part of the cost, like Elon said "LET THAT SINK IN!"

namor
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Didn't congress give themselves raises every year for the past 15 years? Maybe we should begin cutting cost by not paying them until they figure it out.

CatWith-AHat
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We gave our money away to everybody else.

Italy
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They will just raise the limit like they always do

EmazingGuitar
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Yeah, we spend $700B a year on new weapons, but it’s the social security that we’re taking it from.

von_Farr
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If nothing else, then this will surely push citizens over the edge. This affects a large portion of the country. On all sides.

raziele
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How about don't spend money you don't have on random bs if you can't cover all your expenses, then you'd have money to make these payments easily

spencercox
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Better idea - quit paying politicians and all their perks. Quit allowing the richest 5% to pay the least taxes. Go back to limits on campaign contributions.

SunnyAquamarine
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Maybe if the government stops over spending on unnecessary things then we wouldn’t have to worry about the budget….

KYOYOM-nwnh
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America needs to stop sending money to other countries 🙄

VooDoo
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So guys I have an idea, let’s solve our debt problem by creating more debt 😊

Realydudda
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Use all of the congressional salaries to fund it!

Mr.-Sir
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How about we halt the politician’s pay instead of military salaries for our protection or Social Security of which it’s all those people have. I’m pretty sure those rich politicians do not need Social Security to live on. They could live a couple months without pay. Oh and also they have lots of money because insider trading is legal for them!

KYOYOM-nwnh
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Maybe ask Ukraine and all other counties that don't do anything for us for our money back .

QBL
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We spend the most on our military compared to the next 3 largest countries combined and we can't even give our soldiers minimum wage.

christianhudspeth