Cheat Sheet: Hitting the debt ceiling (via CNN Political Ticker)

Posted: July 18, 2011 in Uncategorized

Capital Hill (CNN) – What exactly would happen if the United States hits its debt ceiling? If Congress doesn't raise it before August 2nd? In this week's American Sauce podcast, we lay out the specifics, including why August is particularly a difficult month for this to happen. We also summarize the debt negotiations so far through the eyes of two Hollywood screenwriters. Listen here. [audio http://podcasts.cnn.net/cnn/services/podcasting/audio/aRead More

via CNN Political Ticker

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