fiscal brinksmanship

Noun. A game in which the first person to touch a bill, such as 2013 budget, loses and has to give up something they want to pay for it.

Can also be played with electrical bills, hookers, and bar tabs. It is legally binding.

Person A: Did you hear that that Boehner guy in the Republican party is still refusing to cooperate with President Obama even though it makes his entire party look worthless?

Person B: Don't worry, this is just fiscal brinksmanship. He'll agree to something at the last minute.

Person A: But what if he doesn't?

Person B: Then, I guess we're fucked.