Fellows, at this point there is no way anyone is going to come up with a serious reform of our dysfunctional federal government before August 2nd, and I don't even want you to try. You can't change the course of our government with a deadline approaching and with false accusations and hyperbole polluting the airwaves. I hope you don't attempt something like what happened with Obamacare, where a 2,000 page bill was put together in the wee hours of the morning and nobody had a chance to read the fine print before it was passed. This is a debate that needs to be conducted in the open air, with plenty of time and discussion. It's not going to happen this week.
So why not just concede that you have reached an impasse, and that the only sensible thing to do is to increase the debt limit by enough to buy us time for more discussion. In fact, the issues you need to resolve are exactly the issues we should all be discussing next year as a national election approaches. Let's extend and continue these discussions, but let's remove the threat of default that is just making things worse.