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US default looming, no solution in sight

US default looming, no solution in sight

Washington, Associated Press—The United States moved closer to a default that could damage the economy and a partial government shutdown entered its 14th day as Senate Democratic and Republican leaders remained at odds in their last-ditch negotiations to end the...
Boehner to ask for short debt increase

Boehner to ask for short debt increase

Washington, Associated Press—House of Representatives Speaker John Boehner will ask Republicans to approve a short-term extension of the US government’s ability to borrow to meet its bills and avoid a default, Republican aides said Thursday. Most economists say...
Obama pressures Boehner over shutdown, default

Obama pressures Boehner over shutdown, default

Washington, Associated Press—President Barack Obama was pressuring John Boehner, the top Republican in Congress, to hold votes to avoid a potentially catastrophic default and re-open the federal government, as a new poll indicated Republicans could pay a political...