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Subject Official Countdown to Zero Hour on US Budget Passage. Discuss Please :)
Poster Handle Éireann
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As of today, December 14th, 2012, the US Congress has not decided on a budge and is no where near being able to vote on passage of any budget. President Obama won't compromise on his demand that Congress turn it's authority to limit government borrowing limits. The resistance to this demand lies on both sides of the Congressional isle, yet Obama is refusing to budge.

If the Congress should fail to come to a compromise with the President and not pass a budget by the deadline, come January, there won't be an American economy. I don't know what they are doing, but this is doom on a level I can't cope with. The suspense is killing me!

Will they pass a budge? What kind of compromise can there be when Obama refuses to give up his demand to control the countries purse strings? How can Congress pass any emergency measures when Obama is leaving them no room to maneuver?

[link to www.bloomberg.com]
 
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