Political Checklist: We've Hit the Debt Ceiling, Now What?

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Uncertainty Reigns in Bahrain Amid Mix of Normalcy, State of Siege

Uncertainty Reigns in Bahrain Amid Mix of Normalcy, State of Siege

PBS NewsHour

Margeret Warner reports from Bahrain on the feelings of unease.

'Life on Mars' Author Explores Humans' Relationship With the Universe

'Life on Mars' Author Explores Humans' Relationship With the Universe

PBS NewsHour

'Life on Mars' Author Explores Humans' Relationship With the Universe

Amid Flooding Threat in Louisiana, Not All Obeying Evacuation Order

Amid Flooding Threat in Louisiana, Not All Obeying Evacuation Order

PBS NewsHour

Tom Bearden reports from Krotz Springs, La., where the Mississippi River threatens homes.

Final Launch of Space Shuttle Endeavour

Final Launch of Space Shuttle Endeavour

PBS NewsHour

Space Shuttle Endeavour lifts off from Kennedy Space Center in Cape Canavral, Florida

How Does the U.S. Debt Ceiling Work and Why Does it Matter?

How Does the U.S. Debt Ceiling Work and Why Does it Matter?

PBS NewsHour

Ray Suarez discusses questions about how the debt ceiling works.

How Will IMF Turmoil Affect Global Markets?

How Will IMF Turmoil Affect Global Markets?

PBS NewsHour

How Will IMF Turmoil Affect Global Markets?

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In this week's edition of the Political Checklist, Gwen Ifill and David Chalian examine why, if the nation has hit its limit for borrowing, has their not been outcry from the markets or the political system? Gwen suggests that Wall Street knows that Congress is known for making politics out of the debt ceiling increase, but always raises the limit before it is too late.

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