As members of Congress spar over whether to raise the U.S. debt ceiling, they might consider the efforts of other governments to manage their own debt problems. Some countries gradually and systematically cut spending. Others impose austerity in a hurry. Still others simply punt.

Source: http://www.npr.org/2011/07/29/138827114/debt-lessons-from-around-the-world?ft=1&f=1004

Davis, Susan A. DeFazio, Peter A. DeGette, Diana Delahunt, Bill DeLauro, Rosa L.