Stalemate over the Debt Ceiling Continues

Yesterday's White House negotiations failed to make progress, so the President and Congressional leaders are at it again. We get a progress report. Also, waterfront properties with spectacular views are on the market as the US auctions historic lighthouses. If they aren't sold, they'll be given away.

Banner image: Speaker of the House John Boehner (R-OH) (L) and President Barack Obama wait before a meeting in the Cabinet Room of the White House July 10, 2011 in Washington, DC. Photo by Brendan Smialowski/Getty Images