If my children, when they are senior citizens do not have adequate health care, what will it matter to them if at one time the U.S. reneged and defaulted on its loans.

For weeks now we have been exposed to political theater.  I say political theater because as Katrina Vanden Heuvel says in the Washington Post. "
President Obama may find that there is only one course left to avoid a global economic calamity: Invoke Section 4 of the 14th Amendment, which says that “the validity of the public debt of the United States … shall not be questioned.” This constitutional option is one that the president alone may exercise.
If the Aug. 2 deadline arrives and no deal has been made, Obama could use a plain reading of that text to conclude — statutory debt ceiling or not — that he is constitutionally required to order the Treasury to continue paying America’s bills. In that sense, this is not just a constitutional option, it is a constitutional obligation, one even the Tea Party will have trouble denying.  http://www.washingtonpost.com/opinions/invoke-the-14th--and-end-the-debt-standoff/2011/07/01/gHQAUif8yH_story.html
So all the politicans involved know the President has the power to act.  In the meantime for whatever political calculation he is making, he is apparently bargaining hard. He has offered as much as four trillion dollars in cuts, largely from the social safety net. While the republicans are "just saying no" to the slightest tax increases.  The grand bargain that will finally be passed will include massive cuts in government spending and perhaps some small increases on wealthy taxpayers and possibly no tax increases if the President folds completely.

What I want to know is, if my children, when they reach senior citizen status do not have adequate health care, what will it matter to them if at one time the U.S. reneged and defaulted on its loans.

Mel Polatchek