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August 2

The Debt Ceiling Crisis

Day 8 - August 2 - The Debt Ceiling Crisis
Decades earlier...

National debt

after World War II was 120% of GDP

via HuffPost Business

Months earlier...

Debt ceiling was

$14.3 trillion

via Daily Finance

Weeks earlier...

"We need to find trillions of dollars worth of savings in the next decade"
President Obama

via AOL Video

Weeks earlier...

Unemployment reaches

9.2%

via AOL Video

Weeks earlier...

32% of Americans didn't think debt default would result in economic catastrophe

via HuffPost Business

Weeks earlier...

9.3 Million

People following @barackobama on Twitter

via Tech Crunch

Days earlier...

E Pluribus Unum. For the Many, One

via Patch

Days earlier...

"Wake up. We gotta suck it up. Pay this bill."
Alec Baldwin

via HuffPost Politics

Days earlier...

2 Trillion

dollars in long-term spending cuts agreed upon

via HuffPost Politics

Moments earlier...

40% of medicaid funding comes from the federal government

via AOL Government

Moments later...

5 takeaways from the Debt ceiling debate

via Daily Finance

Moments later...

Congress needs to revisit debt limit in

2013

via HuffPost Politics

Days later...

2 for 2: 2 rounds of spending cuts for 2 matching increases in the debt limit

via HuffPost Media

Days later...

10 Movies

helping Republicans stay bold, aggressive and insane

via HuffPost Comedy

Days later...

58,000 Comments

related to the S&P downgrading the US Credit rating to AA+

via HuffPost Business