The IMF assessment -- roughly in line with that of ratings agency Fitch -- came on the eve of critical talks between the Spanish government and European institutions over the terms of aid to Spanish banks, which are saddled with bad debt, much of it property-related.

CNN: STORY HIGHLIGHTS

We now have - the state of Massachusetts is now saddled with a quarter-of-a-billion-dollar debt over his government-mandated health care system.

NPR: Reports from McCain, Romney, Giuliani Camps in Fla.