U.S. Debt ceiling debate. Is America heading to default?

Republicans are threatening to vote against raising the U.S. debt ceiling, sending the U.S. into default. Will they really do it and if yes, what will happen then?


Analysis

• What Is the Debt Ceiling Debate All About?
• Federal debt ceiling: The looming showdown
• The Big Story: McConnell, Boehner move to capitol's center stage

Opinions

• TheAtlanticWire: How, Exactly, Will House Republicans Cut $100 Billion from the Budget?
• HuffPost: "Gut Or Shut" -- Is America Ready?
• NYPost: Ceiling off spending: The debt stops here
• NYPost: America's coming collapse