U.S. National Debt Tops Debt Limit -- CBS News
The latest calculation of the National Debt as posted by the Treasury Department has - at least numerically - exceeded the statutory Debt Limit approved by Congress last February as part of the Recovery Act stimulus bill.
The ceiling was set at $12.104 trillion dollars. The latest posting by Treasury shows the National Debt at nearly $12.135 trillion.
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MIDDLE EAST
Iranian students stage rival rallies across nation.
Iran test-fires its most advanced missile.
Israel calls U.K. effort to try Livni 'absurdity'.
Somali refugees 'forced to join Yemen rebel war'.
Why southern Yemen is pushing for secession.
Al Qaeda in Iraq 'shifting its tactics'.
ASIA
Arms sales to Taiwan will proceed, U.S. says.
Philippines arrests alleged militant wanted by US.
President Zardari under pressure as Pakistani judges rule amnesty is void.
Japan PM under fire over delay in US base row.
Pakistan 'rebuffs US plea' for more military action.
Obama writes letter to NKorean leader. US envoy urged N.Korea not to test more nukes.
Philippine volcano rumbles with fresh explosions.
Nuclear power expansion in China stirs concerns.
AFRICA
France-Africa summit moved to keep Sudan's Bashir away.
Guinea's descent into chaos. Guinea aide admits shooting junta leader Camara.
Chad uses air support to fight rebels.
SAfrica's ANC battles to rein in young firebrand.
Namibia opposition challenge poll.
EUROPE
Britain says Livni welcome despite arrest warrant.
EU ends 16-year banana trade battle.
Doctors order Silvio Berlusconi to remain in hospital for fourth night.
Climate talks resume in Copenhagen after major delay. Copenhagen police fire tear gas at climate protesters.
British Airways strike: Last-ditch talks to be held today.
Russia’s market reform architect dies.
AMERICAS
Calderón proposes ballot-law overhaul.
Ecuador officials linked to Colombia rebels.
Cocaine and rebels haunt Peru's remote jungle.
Drug violence overwhelms Tijuana.
In Venezuela, even death may not bring peace.
Calgary beats temperature record set in 1893.
TERRORISM/THE LONG WAR
U.S. will move its war court from Guantanamo to Illinois.
Obama's Illinois prison plan faces a high wall: the GOP.
Guantanamo detainees on US soil: a legal minefield.
ECONOMY/FINANCE/BUSINESS
House backs $290 billion debt limit increase.
Gulf petro-powers to launch currency in latest threat to dollar hegemony.
Is your U.S. bank in trouble? More report bad loans.
U.S. gave up billions in tax money in deal for Citigroup's bailout repayment.
Airbus A400M needs states’ help to continue, CEO says.
EU drops Microsoft browser charges.