In this Dispatch…
- What are the greatest drivers of national debt?
- What does Congress propose to tackle the national debt?
- What do solutions to the national debt problem mean for Americans?
- And more…
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Credit Default Swaps: What Happens In A Credit Event?
http://www.investopedia.com/articles/bonds/09/what-happens-to-single-name-cds.asp
A Path Is Sought for States to Escape Their Debt Burdens
http://www.nytimes.com/2011/01/21/business/economy/21bankruptcy.html