Should the U.S. not increase its debt ceiling, the country will likely face higher interest rates, another spike in joblessness, inability to pay basic expenses, and, almost inevitably, higher taxes in the not too distant future.
It's a safe bet that when the new fiscal year for the federal government begins on October 1, the Constitution will not require a balanced budget. And, probably, neither will it be required of any budget after that.
Just humor them, we're advised. Let them mount their little theater piece -- "Cut, Cap and Balance" is the title of the current version. Let them take their symbolic vote and hold their symbolic news conference.