the republicans are pretty much using the Obama administration so that they can get what they want. the republicans are saying that they will not raise the price ceiling of the U.S spending limit if the Obama Administration does not cut the spending budget. the problem with all of this is that the U.S has begun to pay off debts with other debts.
there is a huge problem with this because when a country has to pay off one debt with another debt it is bad. once the price ceiling is reached and there is no more room to borrow this means that there will be no more money for the U.S to borrow and if this happens then the U.S with have no other choice but to file for default.
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