| Anxiety in Afghanistan over troops pay if U.S. defaults Fri,29 Jul 2011 11:03 PM PDT Reuters - KANDAHAR, Afghanistan (Reuters) - It is unclear if the United States will be able to pay troops on time in the event of a debt default, the top U.S. military officer told troops in Afghanistan on Saturday. Full Story | |
| China paper castigates "irresponsible" U.S. debt crisis Fri,29 Jul 2011 08:47 PM PDT Reuters - BEIJING (Reuters) - The mouthpiece of the Chinese Communist Party has castigated the United States' handling of its debt crisis as "irresponsible" and "immoral," saying in a Saturday editorial that the U.S. democratic system was to blame for the "farce."Full Story | |
| Factbox: Republicans who voted against Boehner bill Fri,29 Jul 2011 07:51 PM PDT Reuters - WASHINGTON (Reuters) - Twenty-two Republicans broke with their party leadership on Friday and voted against legislation sponsored by House Speaker John Boehner to extend the nation's debt limit in exchange for deep spending cuts. Full Story | |
 WASHINGTON (Reuters) - The Federal Reserve plans to provide guidance to banks soon on how to handle the potentially turbulent financial waters if the United States exhausts its borrowing authority. | |
| Analysis: Cash drain uncertainty keeps pressure on Congress Fri,29 Jul 2011 03:00 PM PDT Reuters - WASHINGTON (Reuters) - The Obama administration has held out August 2 as a doomsday -- if Congress does not raise the U.S. debt limit by then, a financial cataclysm would follow. Full Story | |
| Tea Party financial advisers: We have no inside info Fri,29 Jul 2011 02:34 PM PDT Reuters - NEW YORK (Reuters) - Just because some financial advisers associate themselves with the Tea Party doesn't mean they can read tea leaves. Full Story | |
| U.S. ends "constructive" talks with North Korea Fri,29 Jul 2011 12:42 PM PDT Reuters - NEW YORK (Reuters) - The United States ended "constructive" talks with North Korea on Friday and will consult with Seoul and other allies on whether to reopen stalled negotiations on Pyongyang's nuclear program, the U.S. special envoy for North Korea said.Full Story | |
 MIAMI (Reuters) - They have been accused of holding Washington hostage by pushing the United States to the brink of a damaging debt default. The world is watching anxiously as the debt impasse drags on. | |
| W.House addresses 14th Amendment on debt ceiling Fri,29 Jul 2011 10:42 AM PDT Reuters - WASHINGTON (Reuters) - The White House on Friday addressed increasing calls by some Democrats for President Barack Obama to raise the debt ceiling on his own by invoking the 14th Amendment of the Constitution. Full Story | |
| U.S. post-August 2 plan won't come out Friday: source Fri,29 Jul 2011 10:11 AM PDT Reuters - WASHINGTON (Reuters) - The Treasury will not unveil a plan on Friday on how the government will operate and pay its bills if Congress does not raise the debt cap in a timely manner, a source familiar with the administration's thinking said. Full Story | |
 WASHINGTON (Reuters) - A top Senate Democrat said on Friday he hoped Democrats and Republicans would reach a deal by day's end on a compromise bill to cut federal spending and raise U.S. borrowing authority. | |
 WASHINGTON (Reuters) - Senate Democratic Leader Harry Reid said on Friday his budget legislation would increase the nation's borrowing authority until March, 2013 and reiterated that he would not accept a short-term debt limit increase as Republicans are insisting. | |
 WASHINGTON (Reuters) - Senate Democrats are trying to propose a compromise debt limit increase bill that would likely not come to a final vote in the Senate until midday on Tuesday, under one possible scenario, a Senate aide said on Friday. | |
 WASHINGTON (Reuters) - Senate Majority Leader Harry Reid on Friday said that he "cannot wait any longer" for the Republican-led House of Representatives to act on a debt limit increase and he will begin taking steps to move legislation. | |
| China news agency lambastes U.S. for debt crisis Thu,28 Jul 2011 09:22 PM PDT Reuters - BEIJING (Reuters) - China's state-run news agency has sharply criticized U.S. politicians for flirting with a disastrous debt default, saying the world's largest economy has been "kidnapped" by "dangerously irresponsible" U.S. politics. Full Story | |
| House Republicans to meet Friday morning: Rep. Pence Thu,28 Jul 2011 08:16 PM PDT Reuters - WASHINGTON (Reuters) - House Republicans will meet at 10 a.m. on Friday (1400 GMT) to assess their options after they delayed a vote on their debt-ceiling bill due to a lack of support, Representative Mike Pence said on Thursday. Full Story | |
 NEW YORK (Reuters) - New Jersey Governor Chris Christie, often mentioned as a possible Republican U.S. presidential candidate, was released from hospital on Thursday evening after undergoing tests for breathing difficulties. | |
 WASHINGTON (Reuters) - The Federal Reserve plans to provide guidance to banks soon on how to handle the potentially turbulent financial waters if the United States exhausts its borrowing authority. | |
 WASHINGTON (Reuters) - House of Representatives Speaker John Boehner, the top Republican in Congress who has put forward a deficit reduction plan to be voted on later Thursday, said he had no control over whether his bill would avert a credit downgrade. | |
 WASHINGTON (Reuters) - House of Representatives Republican leader Eric Cantor Thursday challenged the Democratic-led Senate to accept a House-passed bill raising the debt limit or suffer the consequences of default. | |
| Senate will defeat Boehner bill tonight, Reid says Thu,28 Jul 2011 10:04 AM PDT Reuters - WASHINGTON (Reuters) - The Democratic-controlled Senate will defeat House Speaker John Boehner's plan to raise the debt ceiling shortly after the Republican-controlled House of Representatives votes on it, Senate Democratic Leader Harry Reid said on Thursday. Full Story | |
 WASHINGTON (Reuters) - The White House said on Thursday it was "pretty clear" what a compromise between Republicans and Democrats would look like to reduce the deficit and lift the debt ceiling by an August 2 deadline. | |
 WASHINGTON (Reuters) - Transportation Secretary Ray LaHood urged Congress on Thursday to end a partial shutdown of the Federal Aviation Administration (FAA) and restore full funding to the agency. | |
 WASHINGTON (Reuters) - The debt limit impasse in Washington, where a polarized Congress is struggling to avert an imminent U.S. default, points to a deeper crisis -- America may be entering an age of political paralysis. | |
 BOSTON (Reuters) - Republican presidential front-runner Mitt Romney has been on a glide path toward the 2012 primary elections, serving up a steady diet of soundbites and campaign material attacking President Barack Obama on jobs and the economy. | |
 WASHINGTON (Reuters) - The House of Representatives is tentatively scheduled to vote between 5:45 p.m. and 6:15 p.m EDT on Thursday on a proposal to cut the deficit and raise the debt limit by $900 billion, a congressional aide said. | |
 WASHINGTON (Reuters) - The United States will be "running on fumes" if its debt limit is not raised by August 2, the White House said on Wednesday, as it sought to kill talk that this was not a real deadline to strike a deficit deal. | |
| Snapshot: What to expect Thursday in debt crisis Wed,27 Jul 2011 10:04 PM PDT Reuters - WASHINGTON (Reuters) - Here is what to expect on Thursday as lawmakers try to close in on a deal for Congress to raise the government's $14.3 trillion borrowing limit by an August 2 deadline and avoid a debt default: Full Story | |
| Scenarios: Obama's options if no deal on debt ceiling hike Wed,27 Jul 2011 07:11 PM PDT Reuters - WASHINGTON (Reuters) - If the impasse over the U.S. debt limit is not broken soon, President Barack Obama will be forced to decide how he will manage the crisis. Full Story | |
| Lawmaker vows look at China trade "abuses" Wed,27 Jul 2011 05:54 PM PDT Reuters - WASHINGTON (Reuters) - A top Republican lawmaker Wednesday said he planned to turn up the pressure on China over a long list of trade "abuses" after Congress returns from its upcoming August recess. Full Story | |
 WASHINGTON (Reuters) - Republican presidential contender Mitt Romney said on Wednesday Chinese businesses were the "worst offenders" of global trade rules as his campaign vowed he would "get tough" with China if he wins in 2012. | |
 WASHINGTON (Reuters) - Trimming U.S. funding to the World Bank and other global lenders would reduce American influence in developing countries and give China a competitive edge, lawmakers were told on Wednesday. | |
 MOSCOW (Reuters) - U.S. visa restrictions on Russian officials linked to the death of hedge fund lawyer Sergei Magnitsky could become a "serious irritant" in bilateral relations and provoke a response from Moscow, Russia's Foreign Ministry said on Wednesday. | |
 WASHINGTON (Reuters) - A Michigan-based legal group on Wednesday asked the Supreme Court to review and overturn a decision that found President Barack Obama's signature healthcare law constitutional. | |
| Analysis: Debt crisis a big test for Speaker Boehner Wed,27 Jul 2011 03:29 PM PDT Reuters - WASHINGTON (Reuters) - House of Representatives Speaker John Boehner looked over his restive Republican troops on Wednesday and told them: "Get your ass in line." Full Story | |
| Boehner says revised debt plan yields greater cuts Wed,27 Jul 2011 03:24 PM PDT Reuters - WASHINGTON (Reuters) - House of Representatives Speaker John Boehner's office said on Wednesday that its revised plan to raise the U.S. debt ceiling would deliver about $65 billion more in cuts over a 10-year period than an earlier version. Full Story | |
| Farm cuts may be smaller than expected: Lawmaker Wed,27 Jul 2011 01:28 PM PDT Reuters - WASHINGTON (Reuters) - U.S. agricultural programs face cuts of $10-$11 billion over the next decade as Congress slashes federal spending to reduce the budget deficit, said a senior farm-state Democrat on Wednesday. Full Story | |
| U.S. Treasury reiterates August 2 debt limit warning Wed,27 Jul 2011 12:44 PM PDT Reuters - WASHINGTON (Reuters) - The Treasury on Wednesday reiterated its warning that it cannot guarantee payment of all the government's bills after August 2 without an increase in the federal borrowing limit. Full Story | |
| U.S. lawmaker vows look at China trade "abuses" Wed,27 Jul 2011 12:39 PM PDT Reuters - WASHINGTON (Reuters) - A top Republican lawmaker Wednesday said he planned to turn up the pressure on China over a long list of trade "abuses" after Congress returns from its upcoming August recess. Full Story | |
| CEOs say yes to Congress on removing tax breaks Wed,27 Jul 2011 12:25 PM PDT Reuters - WASHINGTON (Reuters) - The CEO of Wal-Mart Stores Inc. and other major U.S. employers told Congress on Wednesday they would be willing to give up tax breaks that benefit their companies in return for a steep drop in the country's 35 percent corporate tax rate. Full Story |
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