the debt limit

watch this short video on what the USA debt crisis is like

imagine running a household budget this way

income $21,000 a year
spending $38,000 a year
net increase of debt a year:  $17,000

total debt (credit cards, bank overdraft etc)  $167,000  (as of Oct 2013)

solution : to cut costs
budget cuts $380 a year proposed (like that's going to make a difference!)