This week has seen the President recall the Senate to Washington early from the Independence Day week break. Democrats and Republicans urgently need to reach a deal on deficit reduction, with politicians from both sides of the debate calling the next few days crucial for the future of America.

The Government has reached the borrowing ceiling, and if the ceiling is to be lifted Congress must agree to raise the limit, beyond the current level of $14.3 trillion.

Presently talks have reached stalemate with both sides unable to agree: the Democrats insist that with spending cuts taxes must also increase; however Republicans refuse to vote for a deal which includes tax rises and point to the the expensive entitlement programs as the problem.  If a deal is not reached by August 2nd there is real prospect that America could default on debt repayments. The rating agencies, which determine the creditworthiness of nations have already warned that failure to reach a speedy deal will result in the American rating being cut.

The stakes are indeed high in Washington this week, as Senate Republican leader Mitch McConnel said, ”if democrats agree to change their ways- so we don’t end up with the kind of situation here that we’re witnessing in Greece. And make no mistake that is exactly where we’re headed if we don’t do something significant now.”

President Obama has even made the choice to discuss Medicare as a possible place for spending cuts, only if the republicans talk tax increases.

The importance of this week for America and the world as a whole cannot be mistaken. This is a week Americans needs to pray for the wisdom of it’s leaders, a mistake will cost the nation dear….

Remember who is creating the spiritual atmosphere over the capital this week? Preaching from the US Capitol grounds to our government officials – a foreign god – The Dalai Lama!

Support Prophet TV as we run an intercessory mission trip into Washington DC, so God can raise a standard to protect this nation.