To be fair, the date isn't as hard as the administration would suggest, but the deadline itself is very real. http://www.nytimes.com/2011/07/27/us/politics/27d

To be fair, the date isn't as hard as the administration would suggest, but the deadline itself is very real. http://www.nytimes.com/2011/07/27/us/politics/27date.html http://www.nytimes.com/2011/07/27/us/politics/27date.html Otherwise, ignore it until it blows up and/or there's an election. For now, certain people have been elected to deal with this, and they almost certainly will. If they don't, and there's another fiscal crisis, they'll lose their jobs next go-round, which is how it works. Right. Let's ignore the political process until it blows up in our face. Sure, our economy will tank. But at least I get the satisfaction of voting for someone else come November!