As of now, the markets are still going on despite the likely lack of a deal in the super committee this week. But much of that depends on the situation in Europe, which could turn around.

It was just last week that President Obama criticized the Europeans for not solving their debt issues. But it looks like we aren't faring much better here in the U.S.

We speak to Jill Schlesinger of CBS/Money watch about what the ratings agencies are expecting from the government's finances in the coming year.

This final note today. One of our producers suggested over the weekend that, y'know, had Washington been able to get this whole debt thing solved…

This final note today, in which you get perhaps more detail on the debt ceiling than you actually want, but which will stand you in good stead as…