Another Showdown Over the Debt Ceiling
New York Times - 05/16/2012
The 2011 Debt Ceiling debacle that plagued much of Washington DC may be coming back for a sequel. Boehner made comments at a fiscal summit that implied another stalemate in congress is looming. The last standoff that occurred over whether or not to raise the debt ceiling resulted in the USA getting a drop to a AA credit rating.