Sadly, for those of us who live in the real world, the politicians in the US have so far failed to reach any form of agreement wrt raising the debt ceiling.
Partisan hatreds and ideology are driving this protracted Columbian stand-off, whilst the economic well being of real people who have to earn a living in the real world is being held hostage by the antics of those on Capitol Hill.
he risk of a US default is increasing, as talks between President Obama and Boehner (the leading Republican in Congress) collapsed acrimoniously.
Needless to say, the politicians are blaming each other for this mess.
President Obama made a television address in which he stated:
"We risk a deep economic crisis - this one almost entirely caused by Washington."
Boehner claims that he "had made a sincere effort to work" with the White House but that divisions could not be narrowed.
Playing politics with people's lives will lead to economic disaster, and will cost both the Democrats and Republicans dear in the next elections.