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Debt Crisis Was Long In Coming, Ex-Reagan Aide Says

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Preparing For Debt Fallout In The Nation's West

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Sarah Bullard with her four children, Liam, Fay, Olivia and Joshua. They bought a house in Bristol, R.I., but then Bullard's husband got orders to work at the Pentagon. So now they live apart. Bradley Campbell/WRNI hide caption

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Bradley Campbell/WRNI

A woman looks at posted job opportunities at a Denver employment office last Friday. Ed Andrieski/AP hide caption

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Ed Andrieski/AP

Americans for Tax Reform President Grover Norquist jokes as he is introduced before addressing the Conservative Political Action Conference (CPAC) in Washington on Feb. 19, 2010, Cliff Owen/AP hide caption

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Cliff Owen/AP

Read His Lips: No New Taxes

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Sen. Conrad: Short-Term Extension May Be Best Bet

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