Government Shutdown, Debt Crisis | featured news

Britain, Japan warn of disaster if no U.S. debt deal

British and Japanese officials warned Sunday of disastrous consequences for the global economy if last-minute talks among lawmakers in Washington failed to agree on raising the U.S. borrowing limit and averting a debt default.

 

Rival plans ensnarl Congress over debt ceiling

Rival plans ensnarl Congress over debt ceiling

Rival Democratic and Republican plans to raise the government's borrowing ability have thrust Congress into a standoff just one week away from a potentially devastating debt crisis.

 

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