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18 Scary U.S. Debt Facts

July 14, 2011 - CBS 2 News at 5AM

Congressional leaders are at an impasse over raising the country's debt ceiling, so what happens if there isn't a deal by the Aug. 2 deadline?

Jill Schlesinger of CBS MoneyWatch says we've never breached the debt ceiling before, so we don't really know.

But MoneyWatch has a breakdown of 18 scary U.S. debt facts here.

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