The deficit problem is a result of the spending problem. There'd be no deficit or national debt if the government wasn't spending money it didn't have.
And I'd still rather not raise the debt ceiling. Let our credit tank, make people feel the pain. That seems to be the only way to get Joe Sixpack to realize that uncontrolled spending is a bad idea.
You will think that is a great idea right up to the time that you loose your job and riots start breaking out.