Today marks day 15 of the government shut down and there is no apparent end in sight. Americans do not know when this shut down will end and this causes in the mind of many worry over the economic future of the United States of America.
The future of the U.S. economy is at stake if this government shut down continues any longer because the government is headed towards the debt ceiling. According to the Chicago Tribune, the deadline for the ceiling is this Thursday, Oct. 17.
With no deal between the Democratic controlled Senate led by Sen. Harry Reid (D-UT) and the Republican controlled Congress under House Speaker John Boehner (R-OH-Dist. 8), there is a possibility that the United States could default. The Christian Science Monitor reported that Boehner apparently is the key to whether the United States government defaults or not. Of course, this idea supposes that no deal can be reached in two days to avert the default.
Faced with that reality, CNBC reports that Fitch Ratings have placed the United States credit rating which currently rests at AAA, on a rating watch negative status.
The question that this leaves Americans with now is what will happen if the United States government goes into default.