The Debt Ceiling and the Constitution "C'mon, man!" Joe Biden exclaimed Monday, "Let's get real!" On Wednesday, Barack Obama was so upset that he took his ball and went home, shoving his chair away from the table and saying tersely, "I'll see you tomorrow." The topic, of course, is the debt ceiling, which Obama and his pals at the Treasury Department insist must be raised by Aug. 2 to prevent default on U.S. debt. But this isn't your father's debt ceiling; it's $14.3 trillion currently, and Democrats want $2 trillion more. It's no wonder that tensions are running high. This is where ideological rubber hits the road and either builds America or tears it down.

The sticking points aren't new. Democrats want to raise taxes by as much as $2 trillion in addition to making cuts to various budget items, not least of which is defense. Republicans want cuts with no tax increases. Obama is so insistent on tax increases that, according to a GOP aide in the discussions, he declared, "This may bring my presidency down, but I will not yield on this." He didn't yield as he demagogued Social Security, either. "I cannot guarantee that [Social Security] checks go out on August 3rd if we haven't resolved this issue," he shamelessly warned. Who's throwing grandma off the cliff now?

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