National Debt

U Of C Prof: Default By U.S. Government Wouldn't Be End Of The WorldCongress 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.
Partisan Debt Standoff Spills Over Onto County BoardWhile 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.
A Breakdown Of The Debt CrisisWith 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.