There’s actually enough money to pay the military and all entitlements. The president is trying to hold those funds hostage to scare people and leverage support from 2012 incumbents. The only budget the president put out had so much overspending his own party’s solons rejected it. Raising the debt ceiling is like buying fat clothes: sure, you’re not naked but you’re still destined for a heart attack. As far as taxes go, only a flat/fair tax that kills loopholes will work but the president wants a raise without those reforms - at least to start. It’s an offer we can refuse…and should.