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CNN's Mary Snow looks at how the debt crisis could impact your investments and how to avoid a personal financial crisis.
RELATED STORY: Boehner, Reid unveil new debt plans as deadline nears
CNN's Nic Robertson takes a look at how friends describe the man accused of the Norway attacks.
RELATED STORY: Norway terrorist suspect pleads not guilty
If the budget was a one dollar bill, how would it be broken down? CNN's Tom Foreman crunches the numbers.
CNN's Brian Todd reports on apparent move by Justice Dept. to prepare subpoenas in the U.S. based Murdoch probe.
One U.S. diplomat says the debate on raising the debt limit is tarnishing the U.S. image abroad. Jill Dougherty reports.
RELATED STORY: Boehner, Reid unveil new debt plans as deadline nears
(CNN) - We did learn some intriguing details about the debt ceiling negotiations in recent days. Both President Barack Obama and House Speaker John Boehner were ready to anger their respective bases in order to work out a deal.
To the dismay of many Democrats, President Obama was ready to support cuts in entitlement spending for Social Security, Medicare and Medicaid. He was ready to support what’s called “means testing” – meaning that richer people would have to shell out more for health benefits under Medicare than poorer people. The president is also apparently ready to adopt a new cost-of-living increase formula that effectively would result in reduced Social Security and Medicare benefits. When I interviewed Independent Senator Bernie Sanders of Vermont the other day, he made it clear he hated those proposals.
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