Conceivably, the need to raise the statutory debt ceiling by July could be the occasion for such a breakdown, and there are people in the Republican party crazy enough to hope so.

可以想象的是，7月份前上调债务规模法定上限的必要性，可能会引发这种崩溃局面。而共和党队伍里，竟然有一帮疯子希望这会成为现实。

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But a statutory debt limit is a poor substitute for a constitutional balanced budget amendment.

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In the last 20 years, the U.S. has permanently increased its statutory debt limit 14 times.

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The statutory debt ceiling and the threat of default have become political bargaining chips in the debate over fiscal policy.

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