Democrats and Republicans are sparring in Washington over how to raise the U.S. debt ceiling in order to prevent a default on the nation's debt obligations. The debate highlights political and economic differences between the parties. What's at stake?
The National Debt Ceiling
Steny Hoyer, U.S. congressman (D, Maryland) and Democratic whip in the U.S. House
Julie Hirschfeld Davis, Congressional and politics reporter for Bloomberg News
Dan Lungren, U.S. congressman (R) representing California's 3rd District and member of the House Homeland Security Committee