Who knows how this will end.. but it seems likely that the line of default will be crossed Thursday, if nothing else to hurt Obama.. also in part because it’s not a fixed deadline and one could argue about the "technicalities" of a default or not… but either way it’s a very sad development of US politics… that some donors dictates something that starts having the features of a "coup" of the US Government by private forces….
http://www.nytimes.com/2013/10/16/us/politics/congress-budget-debate.html?hp
WASHINGTON — While Republican senators prepared to meet on Tuesday morning to hear from their leadership about a potential deal with Democrats that could reopen the government and lift the threat of an American default by raising the debt ceiling, House Republicans tempered their demands to scale back President Obama’s health care law, announcing that they would soon vote on a proposal meant to counteract a less conservative plan coming from the Senate.
