U.S. Headed For Bankruptsy? Sponsored by: By Kraig Sederquist Published Sep 11, 2012 06:00 am Updated Nov 5, 2013 04:01 pm Tracey Petersen asks Mother Lode residents “With a $16 trillion dollar deficit, do you think the U.S. is headed towards bankruptcy?” US Headed For Bankruptcy Back to "On the Street" Archive