Will the Nation be Able to Pay its Bills on Time? Amid disagreements over the size of government spending cuts for the next few years, the White House and Republican congressional leaders continue to engage in frantic negotiations over the debt ceiling. As the deadline for the debt default approaches, there is still no deal in sight. José López Zamorano reports from Washington with the details on the key points of contention.

Will the Nation be Able to Pay its Bills on Time? Amid disagreements over the size of government spending cuts for the next few years, the White House and Republican congressional leaders continue to engage in frantic negotiations over the debt ceiling. As the deadline for the debt default approaches, there is still no deal in sight. José López Zamorano reports from Washington with the details on the key points of contention.