Bankrupt USA : Instant Guide
Gov. Jerry Brown (D) will attempt to tackle California's crippling budget shortfall by slashing social services and limiting state workers to a four-day week.

California's financial apocalypse: A concise guide

Gov. Jerry Brown says his state is almost $16 billion short on its budget. The 74-year-old Democrat has a plan to close the gap — but Californians won't like it

 
Bankrupt USA : Opinion Brief
An Occupy Wall Street protester: The Occupy movement helped spotlight America's class inequality problem.

The American nightmare: What happened to economic mobility in the U.S.?

America prides itself as a land of economic opportunity. But, when Canadians have better odds of improving their lives, some say that notion has become a myth

 
Bankrupt USA : Opinion Brief
A broken window at an empty storefront in downtown Vallejo, Calif., a city that filed for bankruptcy protection in 2008.

Is California the next Greece?

The Golden State used to be at the vanguard of the U.S. economy. Now, not so much

 
Bankrupt USA : In-depth briefing
A man at an Ohio foodbank: Last year, 45 million Americans received food stamps.

Americans' growing dependency on food stamps

One in seven U.S. citizens receives aid to buy food. Are we feeding the hungry, breeding dependency, or both?

 
Bankrupt USA : The List
Cassandra Martin, age 6, lies on a bed in a Texas shelter in 2009: Thanks to the recession, 1 in 45 American children is now homeless.

America's 'bleak' child homelessness problem

A new report finds that a stunning 1 in 45 kids doesn't have a permanent roof over his head

 
Bankrupt USA : Burning Question
The congressional super committee charged with slashing America's deficits may try to save billions by retiring the venerable dollar bill in favor of the little-loved dollar coin.

The dollar bill: R.I.P.?

The deficit-cutting super committee may try to scrap the greenback, in the hopes that Americans will finally embrace the little-loved dollar coin  

 
Bankrupt USA : The Bullpen
David Frum

David Frum: The American Dream moves to Denmark

At the GOP's latest debate, Rick Santorum utters some hard truths about our economic decline

 
Bankrupt USA : Analysis
The California headquarters of solar-panel maker Solyndra: The FBI's raid here Thursday may take a toll on President Obama, who gave the company hundreds of millions of dollars in stimulus money.

What the FBI's Solyndra raid means: 3 theories

The saga of the bankrupt company that once played a starring role in President Obama's green jobs push takes an unexpected turn

 
Bankrupt USA : By the numbers
California's state capitol: The nation's largest state has been plagued for years by budget shortfalls, as have local governments across the country.

The municipal bankruptcy epidemic: By the numbers

Across the country, local government agencies face gaping budget deficits caused, in part, by massive borrowing and shrinking tax revenues

 
Bankrupt USA : Opinion Brief
On July 14, Standard & Poor's said there was a 50 percent chance it would downgrade the U.S. government's credit rating within three months because of the messy debt-ceiling debate.

Is the U.S. still due for a painful credit downgrade?

Washington's last-minute deal might not slow down the ballooning growth of America's debt enough to please credit ratings agencies

 
Bankrupt USA : Analysis
The housing market could be one of the casualties of a lowered government credit rating.

5 consequences of a U.S. credit downgrade

The federal government's top-notch AAA credit rating hangs in the balance as Congress battles over the debt ceiling — and its fate could directly affect you

 
Bankrupt USA : Opinion Brief
The floor of the New York Stock Exchange: Even if Congress agrees on a debt-ceiling plan, America's AAA credit rating may still be in jeopardy.

A U.S. credit downgrade: Inevitable?

With the ratings agencies disgusted by the debt-ceiling stalemate, it may be too late for Congress to save the government's top-notch credit rating

 
Bankrupt USA : The Bullpen
David Frum

David Frum: Government spending is better than no spending

Slashing government expenditures is great when the economy is growing normally. But when it's not — watch out

 
Bankrupt USA : By the numbers
Downtown Harlingen, Texas: Good luck trying to find a decent high-end restaurant in America's "cheapest" city.

The cheapest place to live in America: By the numbers

You can buy a loaf of bread for less than $1 in Harlingen, Texas. But the struggling city also has one of the nation's highest poverty rates

 
Bankrupt USA : Instant Guide
Some 9.3 million cars are rocking personalized license plates, including this classic Ohio plate.

The solution to states' budget woes: Vanity license plates?

A Texas driver was willing to pay $3,000 for "AMERICA" plates, suggesting a potentially lucrative new revenue source for cash-strapped states

 
Bankrupt USA : Opinion Brief
President Obama defended the auto bailout last Friday while speaking at an Ohio Chrysler plant, but some of his claims are being called into question.

President Obama's auto bailout claims: 'Phony accounting'?

The Washington Post fact-checks the president's recent speech about Chrysler's bailout repayments, and takes issue with... almost all of it

 

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Lauren Odes

A lingerie store fires a staffer for being too buxom — and more in our collection of strange revelations about the nation

Can you guess what's really going on in these bizarre photos?

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