Nothing, the congress has to do it. Learn your civics. They could enforce some anti-trust laws.
Congress, spends the money, rights the bills, taxes and has all the power, if you don't believe me you need to read article one of the constitution.
~Article I of the Constitution states "all legislative powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and a House of representatives." The House and Senate are equal partners in the legislative process legislation (laws or Bills) cannot be enacted without the consent of both chambers. However, the Constitution grants each chamber some unique powers. The Senate ratifies treaties and approves presidential appointments (Presidential picks for Judge's and other important positions) while the House initiates revenue-raising bills ( The power to Tax). The House initiates impeachment cases, while the Senate decides impeachment cases ( So senate has final word on the impeachment or the Removal of a Politician/person). A two-thirds vote of the Senate is required before an impeached person can be forcibly removed from office.
When ever anyone says the president put us in debt. It's totally bush shit, congress did it. period.
(((((Article 1: Section 7 (bills))))))))
-----"All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills."-------
-------Meaning a law or bill for raising or lowering taxes, must start and pass the House of Representatives first, then Move onto the Senate. However the Senate can propose a Law or bill, in which the house can vote on but has to do it first. ------
((((((Article 1: Section 8 (Powers of the congress))))))
~~~~~ " The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States; " ---------------
~~~~~~This the first paragraph of Article 1, Section 8 of the Constitution. This shows that the Congress holds a lot of the power. They are the only branch of government allowed to Tax, pay our debts, provide protection, and help out the poor. So when the debt limit is not being raised, the congress is actually not paying what they said they would already pay for. There for I think it is unconstitutional but that is another discussion.
(((((((The Rest of Article 1: Section 8 )))))))))))))))
To borrow Money on the credit of the United States;
To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;
To establish a uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
To provide for the Punishment of counterfeiting the Securities and current coin of the United States;
To establish Post Offices and post Roads;
To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;
To constitute Tribunals inferior to the supreme Court;
To define and punish Piracies and Felonies committed on the high Seas, and Offenses against the Law of Nations;
To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water;
To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;
To provide and maintain a Navy;
To make Rules for the Government and Regulation of the land and naval Forces;
To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;
To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress;
To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, by Cession of particular States, and the Acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be, for the Erection of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings;—And
To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.
