This article from the WSJ is revealing:
A growing number of House Republicans are expressing doubt about the need to raise the federal debt ceiling by Aug. 2, as the Treasury Department insists is necessary, sharply raising the political and economic stakes as congressional leaders try to secure a deal to raise the nation’s borrowing limit.
“When you say the drop-dead day is going to be August, I question that,” said Rep. Tom Rooney (R., Fla.). “I’ll believe it when I see it.”
The danger is that by the time Mr. Rooney “sees it” it will be too late to contain the potential damage.
Question: Where were the “conservatives” when the debt ceiling was raised 7 times during the Bush presidency (with the 7th coming in just two months after the 6th)? Note that between 2002 and 2006, when the debt limit was raised four times, it was an “all republican” government.