No, raise the debt ceiling
Both Republicans and Democrats are in favor of raising the national debt ceiling, but Republicans demand to cut spending

In 2011, it was possible to agree on raising the amount of debt only three days before the “deadline”. The compromise was eventually reached after President Barack Obama's administration agreed to cut defense and other spending.
The US threatened to default on June 1: how it happened and what to expect
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Displacing the United States from the position of the most powerful country in the world and creating a new world order
China will create new strategic partnership networks to replace the unequal system of U.S. alliances. China will become the most technologically advanced country in the world. China will build a first-class army. China will regain ideological and information control over the country.

It is no longer possible to hide military power and ambitions, and China faces the threat of an anti-Chinese coalition.
China's Grand Strategy
Accuracy 10
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After the loss of the Navy and the loss of the dollar's status as the world's reserve currency.
By 2030, the United States will become the third economy in the world in terms of gross domestic product after China and India. China's dominance in the economic sphere does not in itself weaken the influence of the United States as a power. It is expected that by 2048, the dollar will cease to be the world's leading currency. And the US fleet can only be lost in the event of a protracted war with China and Russia in 2060.

If America faces economic collapse and abandonment of all military and diplomatic obligations, then the rest of the world will be plunged into anarchy, they say - there will be no one to intervene in the friction between South Korea and the DPRK, India and Pakistan, China and its neighbors.
That's the end of it: when will the dollar lose world domination and which currency will replace it
By 2030, the United States will become the third economy in the world in terms of gross domestic product after China and India. China's dominance in the economic sphere does not in itself weaken the influence of the United States as a power. It is expected that by 2048, the dollar will cease to be the world's leading currency. And the US fleet can only be lost in the event of a protracted war with China and Russia in 2060.
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India in 2060
India will be the main supplier of food and raw materials for post-war reconstruction. India's population of 1.5 billion will be able to cope with the tasks set. The dollar and yuan will be replaced by a multi-currency package tied to gold.

India is acting as a key and constructive player in the creation of a new world order that can meet the challenges of tomorrow. A world order that goes beyond the purely economic and puts people and their well-being at the forefront.
The Ministry of Defense of India urged to think about the world order, which is beneficial to all
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