US Debt Crisis: Whose loss, who gains?

Bangalore: The United States of America's decision to avert a sovereign default was cheered by the global markets yesterday. But has it done any good to the nation, world and who is the actual loser in the long run?
The deal that was passed on Monday midnight got the Congress approval approval on Tuesday. Here is what the deal says:
"The two-stage plan calls for $2.4 trillion in savings over the next decade, although the the Congressional Budget Office pegs the savings at $2.1 trillion. It also authorizes an increase in the nation's borrowing limit through the end of 2012. A special congressional committee to recommend long-term fiscal reforms is also part of the package."
What is Debt Ceiling?
Debt ceiling is a cap set by Congress on the amount of debt the federal government can legally borrow. The cap applies to debt owed to the public plus debt owed to federal government trust funds such as those for Social Security and Medicare.
The first limit was set in 1917 and set at $11.5 billion, according to the Center for a Responsible Federal Budget. Previously, Congress had to sign off every time the federal government issued debt.
But why

Famous gay parents Singer Ricky Martin has said that after becoming a father he has become more selfless. The 39-year-old gay singer says he enjoys being a father to two-year-old twins Matteo and Valentino, but hates changing their nappies. A look at the other celebrity gay couples who raise kids.

Famous gay parents

Singer Ricky Martin has said that after becoming a father he has become more selfless. The 39-year-old gay singer says he enjoys being a father to two-year-old twins Matteo and Valentino, but hates changing their nappies. A look at the other celebrity gay couples who raise kids.