Debt Crisis!

It feels like this entire summer, I have heard about the American debt crisis and the worry that America is going to default on its loan if they don't raise the debt ceiling by August 2nd.  There has been a lot of debate lately and personally I feel like this is something that is worth the fight.  Even though I think that it is ridiculous that lawmakers can't agree on anything, there are strong opinions on both sides worth considering.

The national debt is ridiculous, with over 14 trillion in debt.  This is in no ways sustainable.  I personally believe that serious action needs to be taken to reduce the debt.  The biggest thing America could do is to balance the budget.  Americans are taught to live within their means, so why shouldn't the government?  The best thing lawmakers could do right now is to pass a constitutional amendment that would require the budget to balance.  Utah already has a balanced budget amendment and does fine living withing their means.

So about the debt crisis, my hope is that lawmakers do something to reduce spending rather than raising the debt ceiling.  Raising the debt ceiling gives lawmakers to go farther and farther into debt.