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What restraint on government borrowing?

What immediate restraint is there on the government from borrowing too much money?  We know they like to finance their operations through debt beyond what's available in taxes, but why do they stop where they do?  Why not borrow even more?

I assume there is some sort of market force that puts the breaks on their ability to do this and does so in the short term (because we know they only care about the short term).

Can anybody clue me in? 

Help me to understand the stimulus package

I'm trying to understand the economics related to the proposed stimulus package. I've seen the following claims made:

A. It isn't large enough to have a significant effect.

B. The legislative process takes so long that the stimulus package will arrive too late and thus fail to produce the desired effect.

C. Rather than spend the money, people will save the money, and thus negate some or all of the desired effect.

Is the argument for the stimulus package sound but for these objections?