US announces 2-yr budget deal to avoid gov't shutdown2013-12-12
The U.S. congressional negotiators reached a modest two-year U.S. budget deal Tuesday that would avoid a repeat of October's government shutdown, signaling a temporary truce in fiscal wars that have paralyzed Washington.

US says could soon run out of cash without higher debt cap2013-11-21
The Obama administration warned on Wednesday that it would likely begin defaulting on its obligations within a month of Feb. 7 if Congress does not raise a cap on government borrowing by then.

Bipartisan plan means US budget & debt deal forthcoming2013-10-17
Senate leaders agreed to a bipartisan plan Wednesday to avert a threatened Treasury default and reopen the federal government after a 16-day closure, according to a Republican senator.

China's US debt holdings in doubt2013-10-17
More Chinese economists are beginning to sound the alarm over the risk to China of holding more than$1 trillion in US Treasury bills, as efforts by the US Congress to raise the debt limit remain elusive.

US senators close in on deal as default risk nears2013-10-15
US senators said they were closing in on a deal Monday that would reopen the government and push back a possible default for several months, though many hurdles remained as a Thursday deadline drew near.

Nobel laureate downplays prospect of US debt default2013-10-15
Nobel laureate Robert Shiller said on Monday that he didn't expect the United States would default on its debt.

Xinhua: It is opportune moment to build a 'de-Americanized' world2013-10-14
While the U.S. politicians are grappling with how to reopen their shuttered government and avoid a potentially disastrous default on their debt, it might be an opportune moment for the world to consider "de-Americanizing".