How Is America Reacting to the Debt Ceiling Drama?

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Nobody knows what the first default in US government history might look like, and it might take until the Midnight hour Tuesday before the world knows whether it's going to happen. We get the latest from Washington and ask what Americans are thinking around the country. Also, jobless claims fall to a three-month low and stocks are up despite the debt standoff. On Reporter's Notebook, another partisan split — over "Fast and Furious," the effort to track gun smugglers that went wrong. Republicans want head to roll; Democrats are defensive.

Banner image: Religious and civil leaders stage a civil disobedience protest relating to the debt limit impasse in the US Capitol Rotunda July 28, 2011 in Washington, DC. Photo by Win McNamee/Getty Images

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Host:

Warren Olney