National Debt

U.S. Capitol Dome

U Of C Prof: Default By U.S. Government Wouldn’t Be End Of The World

Congress and President Barack Obama have three weeks before the nation’s debt limit must be raised, lest the country start to default on its obligations.

WBBM Newsradio–07/15/2011

Cook County Seal

Partisan Debt Standoff Spills Over Onto County Board

While the standoff between Democrats and Republicans continues in Washington over the debt ceiling and spending cuts, the partisan rhetoric is spilling over into local governmental debates as well.

WBBM Newsradio–07/13/2011

A Breakdown Of The Debt Crisis

With all the talk about reducing the national debt and budget deficit, CBS MoneyWatch wants to explain some of the basic facts about the budget issue.