IMF warns US against cutting deficit too fast
July 04, 2012 | 10:19
The International Monetary Fund warned Tuesday that the Obama administration could be slicing the deficit too fast for the weak US economy as it pared its growth forecast.
US 'almost out of time' for debt deal: Obama
July 30, 2011 | 10:07
Spurred on by President Barack Obama, US lawmakers set the stage for a frantic beat-the-clock weekend effort to avert a catastrophic debt default sure to rattle the world economy.
US braces for debt deal vote amid default jitters
July 29, 2011 | 11:00
Republican lawmakers Thursday challenged Democratic foes to vote for their debt plan or risk a calamitous US default as a draining, acrimonious showdown threatening the global economy deepened.
Obama holds new crisis debt talks
July 21, 2011 | 11:00
US President Barack Obama met separately Wednesday with his top Democratic allies and Republican foes to hammer out a compromise that would avert a disastrous early August debt default.
US House to hold symbolic debt vote
July 19, 2011 | 10:47
Defying a White House veto threat, US lawmakers vote Tuesday on a "Tea Party"-backed plan requiring draconian cuts in government spending as the price to avert a ruinous early August debt default.
Obama calls for new debt deal talks
July 08, 2011 | 11:26
President Barack Obama called for new negotiations to try and avert a US debt default, warning the two sides were still "far apart" on a range of issues.
Obama 'far apart' from Republicans on debt deal
July 08, 2011 | 09:36
President Barack Obama warned after talks with his Republican foes on Thursday that both sides stood "far apart" on how to avert an early August US debt default and called new negotiations for Sunday.
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