John B. Nelson : Studies in Bankruptcy and the National Debt http://www.hawaiian-tv.com/showthread.php?t=1508
No wonder we ain't gettin' anywhere in reducing the debt... Debt Jumped $54.1 Billion in 8 Days Preceding Obama-Boehner Deal to Cut $38.5 Billion for Rest of Year Saturday, April 09, 2011 See also: $38.5B Cuts in Boehner-Obama Deal Less Than 6 Percent of $653.4B In Debt Incurred Already This Fiscal Year Saturday, April 09, 2011 - House Speaker John Boehner (R.-Ohio), Senate Majority Leader Harry Reid (D.-Nev.) and President Barack Obama agreed to deal late Friday evening to keep the government funded through the rest of fiscal year 2011, which runs through September.
Addendum to prior post... Feds Spent $142B on Thursday AloneAs Pols Dickered Over Cutting $33B or $40B for Rest of Year Friday, April 08, 2011 - The federal government spent $142.3 billion on Thursday alone, according to the Daily Treasury Statement released at 4:00 pm on Friday afternoon.
Student loan debt contributing to bankruptcies... Student debt pushing more people toward bankruptcy, lawyers say February 7, 2012, More than four-fifths of bankruptcy attorneys have seen a notable jump in the number of potential clients with student loan debt, the National Assn. of Consumer Bankruptcy Attorneys says.