US heading over the fiscal cliff: Senate majority leader

PressTV - US heading over the fiscal cliff: Senate majority leader

A variation of this impasse happens every year about this time and has always been resolved, in the past. I doubt if this time will be any different. America can never pay their national debt and don't care a hoot how big it grows as long as it keeps doing so. They are struggling to even pay the interest.
If their credit rating goes down, then it will cost more to borrow money but any that they do borrow will again, never, ever be paid back!!  So a small increase on interest payments will allow further borrowing and round and round it goes.