Milk will rise in prices to $8 per gallon.
Your income withholding tax will be increased by 2%.
Unemployment will be unfunded.
^^^ T H I S ^^^
... is what the Republican version of paying down our debt looks like.
So, let's take a reasonable look at an alternative. There's a Senate bill on Speaker Cry-Baby's desk already passed in the Senate that extends your tax cuts (save you ain't a millionaire) and extends unemployment benefits. It also lays a structure for spending cuts which can be negotiated in a given time frame.
Once you drop any party affiliation loyalty and look at things reasonably, it's not that hard to figure out what we, as a nation need to do. We need to put people to work building stuff.
We got lots of jobs that need to be done and the leader of the House who holds the checkbook says we are broke.
When did being broke ever stop an American from building stuff? We could borrow the money tomorrow to rebuild our entire infrastructure at zero interest. The jobs it would create and the taxes it would produce for our treasury would send our economy zooming past China so fast they'd think it was a misfired nuke.
The only way you build stuff is by borrowing other peoples money and making a profit to pay off your debt. It's called capitalism - 21st Century style.
Or, we can sit and wait on New Years to come in with a $2-3K tax hike, compliments of the Republican Party.