Every Democratic senator (including Obama) voted against raising the debt limit in 2006.
http://weaselzippers.us/2011/07/17/flashback-every-dem-senator-including-obama-voted-against-raising-debt-limit-in-2006/
It passed on a straight party line vote, with no Democratic support in the senate, and no one ever mentioned cutting off social security checks or military pay, or otherwise destroying the "full faith and credit" of the American economy. It was considered no big deal.
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