So how much does Obama need it raised to? Where is the budget confirming the numbers? What is Obama waiting for...
fairy dust?
If no agreement is reached then Congress, if it has the gonads, should authorize spending for servicing the debt, paying Federal employees(military especially), and paying out Social Security. Period. Everything else would have to be negotiated. That would remove the ‘threat’ of government shut down and possibly hold off any credit downgrade. IMHO