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  1. Business - Economy - UNITED STATES

    US Treasury Secretary Jacob Lew urges Congress to act quickly on debt

    Posted Feb 09th 2014, 04:13am by BLOOM

    ... Bloomberg in Washington Lew urges quick action on debt ceiling US Treasury Secretary Jacob Lew urged Congress to raise the debt ceiling as soon as possible, saying the US borrowing authority may not last past February 27. Extraordinary measures begun by the Treasury to remain under the debt limit "are likely to be exhausted in less than three weeks", Lew said ...

    http://www.scmp.com/business/economy/article/1424342/us-treasury-secretary-jacob-lew-urges-congress-act-quickly-debt
  2. News - World - UNITED STATES

    US gun dealers report huge AK-47 sales after Russia sanctions ban

    Posted Sep 01st 2014, 09:05pm by WASHPOST

    ... begins", adding: "Once again, the firearms industry owes President Obama a debt of gratitude." ...

    http://www.scmp.com/news/world/article/1583078/us-gun-dealers-report-huge-ak-47-sales-after-russia-sanctions-ban
  3. News - World - UNITED STATES

    US House passes bill to reopen government and increase debt limit

    Posted Oct 17th 2013, 08:58am by Reuters in Washington

    ... Reuters in Washington US President signed legislation to lift debt ceiling and avert debt default The US House of Representatives late on Wednesday passed legislation to avoid a damaging default on government debt and to reopen federal agencies shuttered when funding ran out on October. The House vote came hours after the Senate overwhelmingly approved the bill. President Barack ...

    http://www.scmp.com/news/world/article/1333482/us-house-passes-bill-reopen-government-and-increase-debt-limit
  4. News - World - UNITED STATES

    Senate in last-minute deal to end US debt crisis

    Posted Oct 16th 2013, 10:24pm by AP, Reuters, Bloomberg

    ... Agencies in Washington Compromise measure to prevent default and stop the shutdown was set for approval Senate in last-minute deal to end debt crisis Senate Democratic leader Harry Reid and Senate Republican leader Mitch McConnell announced a deal yesterday to raise the US debt limit and end the government shutdown. Republican Senator Ted Cruz, who had earlier opposed any compromise ...

    http://www.scmp.com/news/world/article/1333206/us-senate-rushes-draft-debt-plan-after-house-effort-flops
  5. News - World - UNITED STATES

    US Senate defeats Democratic move to end debt default battle

    Posted Oct 13th 2013, 12:00am by AP

    ... Associated Press in Washington Senate rejects bid to end debt conflict The US Senate yesterday rejected a Democratic effort to extend the government's ability to borrow money into next year as lawmakers struggled to find a path to prevent a debt default and end the 12-day government shutdown. It was a near party-line vote- 53-45- that derailed the Democratic measure. ...

    http://www.scmp.com/news/world/article/1330613/us-senate-defeats-democratic-move-end-debt-default-battle
  6. News - World - UNITED STATES

    Bad blood that could taint a deal to end US debt crisis

    Posted Oct 15th 2013, 12:00am by THE WASHINGTON POST

    ... The Washington Post Key players must put aside their differences and work together to end the US debt crisis Bad blood that could taint a deal When Washington is in crisis and every other ... Leader Mitch McConnell are usually the ones who put it all back together. But if the two wily 70-somethings who are trying to resolve the debt-limit crisis make a deal once again, they will do so ...

    http://www.scmp.com/news/world/article/1331659/bad-blood-between-reid-mcconnell-could-taint-deal-end-us-debt-crisis
  7. News - World - UNITED STATES

    Q&A: how and when default on US debt could happen

    Posted Oct 09th 2013, 03:36am by Reuters

    ... Reuters The US is careening towards what could be a calamitous default on its debt because of political dysfunction in Washington. The Treasury says it will hit the nation's US$16.7 trillion debt cap by October 17. Here are some questions and answers about how and when default could happen Q&A How could the United States default? Washington takes in about 70 cents in taxes ...

    http://www.scmp.com/news/world/article/1327617/qa-how-and-when-default-us-debt-could-happen
  8. News - World - UNITED STATES

    Boehner will offer short-term debt ceiling increase to Obama

    Posted Oct 11th 2013, 12:00am by AP

    ... Associated Press in Washington House speaker says he will make temporary but conditional borrowing proposal to Obama Boehner offers short-term debt ceiling increase House ... but only if he agrees to negotiate over ending a partial government shutdown and a longer-term increase in the debt ceiling. Though the Republican proposal could avert an unprecedented federal ...

    http://www.scmp.com/news/world/article/1329025/boehner-will-offer-short-term-debt-ceiling-increase-obama
  9. News - World - UNITED STATES

    US lawmakers take first tentative steps towards a deal to avoid debt default

    Posted Oct 08th 2013, 10:36am by Bloomberg, AP

    ... Agencies in Washington Lawmakers edge towards deal to avoid debt default US lawmakers began taking tentative steps towards avoiding a catastrophic government default as the partial federal government shutdown continued, rattling markets in the US and overseas. Senate Democrats are drafting legislation to raise the nation's debt limit without the type of unrelated conditions ...

    http://www.scmp.com/news/world/article/1327001/us-still-fiscal-deadlock-some-initiatives-floated-avoid-default
  10. News - World - UNITED STATES

    Republican 'tea party' candidate admits 'rumour' he is related to Obama

    Posted Aug 05th 2014, 04:12am by THE WASHINGTON POST

    ... incumbent, is favourite but has flaws. He has taken a number of votes in recent years seen as problematic by the tea party, including increasing the debt ceiling, approving a tax deal with Obama ...

    http://www.scmp.com/news/world/article/1566373/republican-tea-party-candidate-admits-rumour-he-related-obama

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