Wolf Blitzer delivers the most important breaking news and political, international, and national security stories of the day. Tune to The Situation Room weekdays 5-7pm ET on CNN.
Washington (CNN) - If you liked the debt ceiling debate of recent days, you probably will love the debate that will occur in the days leading up to Thanksgiving this year.
If you hated the current debate, you probably will despise the one coming up in four months.
FULL POST
CNN's Brian Todd looks into some of the debt problems of the people leading the fight against raising the debt ceiling.
RELATED STORY: The debt ceiling battle: Where things stand
CNN's Jim Acosta reports on the flurry of Tolkien references John McCain used in challenging tea party congress members.
RELATED STORY: McCain refers to 'tea party hobbits,' blasts Bachmann-backed idea
Washington (CNN) - White House Chief of Staff William Daley is still optimistic that some sort of deficit crisis deal will be worked out by Tuesday’s Treasury-imposed deadline. But he says he’s not so certain about the future of America’s AAA credit rating.
In an exclusive interview with me at the White House, Daley said, “The four leaders of the Congress have said that the debt ceiling will be extended” and he’s “confident that they will come together.”
FULL POST
Many Tea Party activists say fears of a debt ceiling armageddon are overblown and urge GOP lawmakers to hold the line.
Financial analysts say lawmakers should be very worried about a possible downgrade of America's credit rating. CNN's Mary Snow reports.
RELATED STORY: Debt ceiling fight: What a downgrade would mean
Lisa Sylvester reports on the background and upbringing of the legislator caught in the middle of a debt ceiling debate.
RELATED STORY: Boehner to GOP members: 'Get your ass in line'
CNN's Richard Quest explains how the world views the U.S. debt crisis and what to expect from a credit rating reduction.
RELATED STORY: Debt ceiling fight: What a downgrade would mean
CNN's Wolf Blitzer talks to White House Press Secy. Jay Carney about Obama's efforts to reach a debt relief solution.