The negotiations over the Debt Ceiling were done in order to increase the limit of funds the government can borrow in order to take care of its financial obligations. From a personal standpoint, the need to increase the debt ceiling was not a major time-sensitive issue to me. I am not a government employee, I don't receive any form of government assistance such as a Pell Grant, and I don't currently invest in the stock market. The delay in coming to a decision to raise the debt ceiling did not directly affect me financially. While this is not the first time there's been a need to increase the debt ceiling, and I'm quite certain it will not be the last, I do feel that the need to do so does shed light on the root cause: government spending. While I have not done much research on what programs the money in the current budget is directed to, from experience I have seen that while having good intentions, some government spending can lean on the side of being wasteful. The current agreement did not introduce any new taxes; however, I do have concerns about the continuing precedence this sets for future budget negotiations. The national debt has been increasing significantly in recent years and the Biden administration and Speaker of the House McCarthy have been negotiating with each other over how much debt the government should be allowed to carry. This is important as it has a direct effect on taxpayers, as the federal government needs money to fund its operations and it usually has to borrow it. This means that, as a taxpayer, you are responsible for paying back the debt. If the government were to exceed the debt limit, it could mean higher taxes, less government spending, or a combination of both. Although the debt limit and national debt are important issues, it's equally important to consider how it affects people on a personal level. Firstly, increased debt often means increased taxes, and this could affect your family's financial situation. Secondly, if the government is forced to reduce spending due to debt obligations, it could mean reduced funding for essential services including health care, education, and infrastructure. Lastly, an increase in the national debt could make it more difficult for the government to borrow more money in the future, which could in turn affect its ability to meet its obligations such as paying benefits or paying for government projects. From a personal perspective, I believe that increasing debt should be avoided whenever possible. Although it is necessary to have some degree of debt to fund certain government programs, such as infrastructure, it should not be used as a tool to allow more government spending than is needed. Debt should also be managed in a responsible way, with a goal of ensuring a balanced budget while still providing for essential services. President Biden and Speaker of the House McCarthy negotiated about the debt limit it means to me that they are trying to limit their borrowing because the economy is decreasing and it has passed the limit and it affects the country which affects people as well. This has affected me and my family by spending more money than usual. Interest rates went up and this is affecting us financially because even jobs are going slow and they pay less. The mortgage payment is almost double how we use to pay at least they should raise the wage because if we are getting paid well we will be able to live well and they can take as much interest as they want to pay their debt. I am concerned about the size of the national debt and the debt ceiling because is debt is causing inflation in the population right now. inflation season is very difficult for everyone from employment, government activities, resources, education, and many stuff. For the president and the house to negotiate about the debt limit I think was a great idea because they need to what went wrong and how to fix it before it damage society.