While Washington is trying to figure out how to get a handle on its massive deficits, the rest of America is still going heavily into debt.
CNBC reports that businesses, households, and students are all taking on more debt.
Consumer credit is up 22 percent in the last three years to just over $3 trillion. Student loans are up 61 percent, and total household debt now stands at $13 trillion -- just below the government's debt of $15 trillion.
Meanwhile, a growing number of Americans say they're going to have to wait to retire until a few years after the recession, and many say they will have to keep working.
A new survey from the Associated Press finds 82 percent of working Americans over 50 say it's at least somewhat likely they'll have to do some work-for-pay after they retire.
Forty-seven percent expect to retire later than they had previously thought.
Experts say people have to make up for the lost money in their retirement plans when the markets plunged in 2008.
And some people say it's hard to save for retirement because the cost of living is so high.