Cliffpocalypsemageddonacaust - Totally Solvable Budget Problem
To force themselves to work together and compromise, Congress and the White House concocted a catastrophic, economy-crashing penalty for fiscal inaction. (05:56)
The congressional super committee's failure to reach a deficit-cutting agreement could trigger sequestration, which combines sequestering and castration. (07:21)
There's an interesting, fundamental debate to be had over how to pay for government aid, and then there's the bipartisan debate actually taking place in Congress. (02:08)
A Bloomberg report reveals that the U.S. government loaned banks $7.7 trillion in secret bailout funds at no interest and then borrowed the money back at interest. (07:53)
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