White House: ‘We’re far from a deal’ to end fiscal impasse
WASHINGTON (Reuters) – White House spokesman Jay Carney said on Tuesday that negotiations in the Senate are making progress toward ending a fiscal impasse but “we’re far from a deal at this point.
Top diplomat Kerry’s personal diplomacy piles up the miles
LONDON (Reuters) – If it’s Saturday, it must be Paris. Or Kabul. Or perhaps Bali, Kuala Lumpur or London.
Obama to meet with U.S. House Democratic leaders at 3:15 p.m. ET
WASHINGTON (Reuters) – President Barack Obama will meet in the Oval Office at 3:15 p.m. ET (1915 GMT) on Tuesday with Nancy Pelosi, the Democratic leader in the House of Representatives, and other House Democratic leaders, the White House said in a sta…
White House calls House Republican fiscal proposal an attempt to appease Tea Party
WASHINGTON (Reuters) – The White House dismissed the latest fiscal proposal offered by Republicans who control the House of Representatives on Tuesday, calling it a partisan attempt to appease a small group of Tea Party conservatives.
Top Senate Democrat ‘confident’ of deal this week to avoid default
WASHINGTON (Reuters) – Senate Majority Leader Harry Reid said on Tuesday he was confident that Senate Democrats and Republicans can reach a comprehensive fiscal agreement this week that avoids a U.S. default on debt and other obligations.
House Republicans to pass own debt limit plan on Tuesday
WASHINGTON (Reuters) – Republicans in the House of Representatives on Tuesday hope to pass their own version of legislation to reopen the federal government that would differ from a plan now emerging from Senate negotiations, Republican lawmakers and a…
Analysis: U.S. debt ceiling crisis would start quiet, go downhill fast
WASHINGTON (Reuters) – If Washington doesn’t reach a deal soon to keep paying its bills, an economic crisis could start unfolding so quietly on Thursday it will give little hint of its potential to throw millions of Americans out of work.
Mexico’s Carstens says sees only remote chance of U.S. default
MEXICO CITY (Reuters) – Mexican central bank governor Agustin Carstens said on Monday he saw only a remote chance of a U.S. default as a debt ceiling deadline loomed, adding such a move could generate financial volatility.
Analysis: U.S. debt ceiling crisis would start quiet, go downhill fast
WASHINGTON (Reuters) – If Washington doesn’t reach a deal soon to keep paying its bills, an economic crisis could start unfolding so quietly on Thursday it will give little hint of its potential to throw millions of Americans out of work.
Reid, McConnell praise progress in U.S. debt limit, funding talks
WASHINGTON (Reuters) – Senate Majority Leader Harry Reid said on Monday that he and his Republican counterpart, Mitch McConnell, have made strong progress toward reaching a deal to reopen the federal government and lift the U.S. debt ceiling, but there…