Debt Crisis

Kirk Releases Report On Illinois' Debt CrisisSenator Mark Kirk says Illinois can forget about federal assistance if it goes to Congress saying it's broke and needs a bailout. Kirk has released a report showing that Illinois state government is teetering on the edge of insolvency.
Durbin: Congress Must Put Taxes On Table To Deal With Debt CrisisAs Wall Street stumbled after Standard and Poors downgraded the nation’s debt, Senator Dick Durbin was saying Democrats and Republicans are going to make some hard choices if they are to get this country’s finances under control.
Walter's Perspective: No Pay For Lawmakers Until They Solve Debt CrisisCBS 2's Walter Jacobson is angry with Congress over the debt crisis and shares his advice for what says would be a sure-fire way to bring a resolution.
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