Warring factions in US may start talks to resolve debt crisis, says Ganesha
With the US government’s non-essential functions shut down and the nation’s credit line due to run out on October 17, the budget showdown has merged with a fight over the debt ceiling. Conservatives are trying to keep the focus on the health care law. The major fear is that the proposed health insurance subsidies in the ‘Obamacare’ plan will impose a heave financial burden on the US government. The Republicans are considering signing a short-term increase in the government’s borrowing authority to buy time for negotiations on broader policy measures. An agreement by Republicans and Democrats to raise the debt ceiling would stave off a possible default after October 17, when Treasury Secretary Jack Lew has determined the government will no longer be able to borrow. President Barack Obama has said he would accept a debt ceiling increase of limited duration as long as no strings were attached.
Ganesha, with the help of Vedic astrology, predicts that negotiations between the warring factions may take a positive turn this weekend or early next week.
The transiting Mars is about to enter Sign Leo and it will pass through the Ascendant of USA Country Chart. Adding to this, Venus has left Libra and is now moving in the Sign Scorpio, the 4th House of USA Country Chart. So, some efforts and initiatives will be taken by influential quarter of US authority to end this dead-lock. However, Mercury is still moving in Libra in close conjunction with Saturn and Rahu. So, both Republicans and Democrats will remain firm on their stand which may cause severe anxiety globally particularly about the U.S. debt ceiling.
The transiting Mercury will leave the Swati Nakshatra on 11th October. Glimmers of hope will surface after 11th October. The negotiations and discussions will start showing positive indications to end this crisis. In this context, 12th , 14th and 15th October will be very important dates for USA and the world. “Serious conversation” and hard bargaining will be noticed to resolve the debt crisis. President Obama may have to give some concession and assurance in order to reach agreements. There are indications that the short-term debt ceiling may get increased in order to get past the potential crisis date of October 17. But the resolution will not be the end of problems for the President. Obama may have to agree to some of the reforms, as a part of some grand bargain, if not now, then in the year 2014, as the Mars-Saturn period between 6th March 2014 and 15th April 2015 may bring more problems and challenges for Obama and the U.S.
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With Ganesha’s Grace,
Bhavesh N. Pattni
The GaneshaSpeaks Team