@GhostOnTheHalfShell @flexghost
The Constitution assigns Congress the power "To borrow Money on the credit of the United States;" to ensure that the executive branch isn't obligating the country, and future generations, to paying back creditors without the consensus of the country that it should be done.
The debt ceiling is not placing a limit on how much the Treasury may pay to service debt. Not at all.
The debt ceiling is merely the amount that Congress has authorized to be borrowed.
(And it's amazing how many people are citing Wikipedia as authoritative this time.)