From This Collection

Government reopens, then what? Spoiler alert: long lines

Oct 16, 2013
From fishermen needing permits to farmers applying for compensation for deceased cattle, people and businesses needing help from the government will form a long line around the block.
Cattle eat a ration of feed on a farm August 3, 2012 near Cuba, Ill.
Scott Olson/Getty Images

What does all of this talk about default really mean?

Oct 16, 2013
Make no mistake, if the U.S. government defaults on its debt obligations, it will be a catastrophe. But the media has been misusing the term.
Reporters stand outside the Speaker of the House's office on Capitol Hill in Washington, DC, October 15, 2013, waiting for comments from the Republican leadership.
JIM WATSON/AFP/Getty Images

Global economy cheers Senate deal on debt

Oct 16, 2013
The deadline to raise the debt ceiling is less than 24 hours away, but the U.S. won't actually default until the end of the month.

Debt talks in disarray

Oct 15, 2013
How a deal that delays the debt ceiling fight until Jan. 15 sets up a new fight on the sequester.

Debt ceiling damage already done

Oct 15, 2013
While most Americans are worried about what might happen if the U.S. defaults on its debt obligations on Thursday, many argue the damage has already been done.
Senate Majority Leader Harry Reid, D-Nevada (R) and US Senator Chuck Schumer stand near a placard during a press conference on Capitol Hill about the debt ceiling in Washington, DC, October 12, 2013.
JIM WATSON/AFP/Getty Images

As deadline nears, debt ceiling fight drags on

Oct 15, 2013
The clock is ticking, but Congressional leaders have yet to reach an agreement.

Here's exactly what will happen if we default on Thursday

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Oct 14, 2013
We’re told the country may default on some of its debt obligations if Congress fails to raise the debt ceiling.

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While Washington argues over debt ceiling, the world watches

Oct 14, 2013
All eyes around the world are on Democrats and Republicans in Washington, waiting to see if they will come to an agreement over the debt limit.

The clock is ticking and still no debt deal

Oct 14, 2013
Lawmakers in Washington have until Thursday to raise the debt ceiling.

Debt ceiling fears push financial institutions to sell Treasuries

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Oct 11, 2013
Some financial institutions, worried they might not get their money back if the Treasury defaults on its debt, are selling their short term government debt. This presents risks to the financial system and to the economy.