U.S. could run out of cash in March under debt ceiling
WASHINGTON (Reuters) – The United States could start missing payments on its obligations sometime between March and June if lawmakers fail to raise a legal limit on borrowing by early February, congressional analysts said on Wednesday.
Insurance commissioners say Obamacare changes create uncertainty
(Reuters) – An organization of state insurance commissioners said on Wednesday that President Barack Obama’s proposed fix to canceled healthcare polices was creating a “level of uncertainty.”
U.S. Senate tax chief urges tweaks to IRS tax administration
WASHINGTON (Reuters) – The U.S. Senate’s top tax writer on Wednesday floated several proposals to make filing taxes simpler, help people protect their identities and strengthen federal tax enforcement.
U.S. says could quickly run out of cash without higher debt cap
WASHINGTON (Reuters) – The Obama administration warned on Wednesday that it would likely begin defaulting on its obligations within a month of February 7 if Congress does not raise a cap on government borrowing by then.
White House seeks to assure Asia that U.S. rebalancing is major objective
WASHINGTON (Reuters) – The White House sought to reassure allies in the Asia-Pacific region on Wednesday that a U.S. commitment to a policy pivot toward Asia remains a major objective, despite a recent American focus on events in the Middle East.
New York Mayor-elect interviewing police commissioner candidates
NEW YORK (Reuters) – New York Mayor-elect Bill de Blasio said on Wednesday he has met with three candidates to become the city’s next police commissioner, including former commissioner Bill Bratton, but declined to offer a timeline for when he will mak…
San Diego mayoral race set for runoff as a Democrat steps aside
SAN DIEGO (Reuters) – Two San Diego city councilmen, a Republican backed by the downtown establishment and a Democrat seeking to become the city’s first Hispanic mayor, will compete in a runoff election early next year to replace disgraced former Mayor…
U.S.-Afghanistan reach deal on final text of security pact: Kerry
WASHINGTON (Reuters) – The United States and Afghan governments have reached an agreement on the final text of a security pact that will determine the presence of U.S. troops in Afghanistan after 2014, U.S. Secretary of State John Kerry said on Wednesd…
Democrats push to extend emergency U.S. jobless benefits
WASHINGTON (Reuters) – U.S. congressional Democrats are pushing to extend emergency unemployment benefits, saying they are needed to help the economy and provide a safety net for Americans struggling in a sluggish job market.
White House says rise in health costs slower, Obamacare a factor
WASHINGTON (Reuters) – President Barack Obama’s signature health law has helped spur stronger economic growth by contributing to slower increases in healthcare prices and spending, the White House said on Wednesday.