It could, but I'm hoping they do what they usually do. Solve it at the last possible moment.
democracy and our economic system are failing - i doubt any person or party can stem the coming tide
I think the world is busy with something else,
Some of what you may hear is sensationalist bullsh*t but there definately is a big issue on the table as far as the US budgetis concerned and there is not a lot of headway being made. Our partisan president is refusing to work it out regardless of what he may say on television. Yes, there will be dire consequences is the right decisions aren't made and made quickly. And most importantly it will affect you as a taxpayer, be prepared for large tax hikes in the coming year as well as other affects. There is the potential for this thing to push us deeper into recession.