Larger US budget war rages on despite abated debt ceiling battle2013-10-19
While the U.S. Congress cut a last-minute deal late Wednesday to avert a debt default, the larger budget war is far from over.

Govt putting US economy at risk2013-10-17
Consensus may be hard to find in Washington these days, but many corporate executives and economists seem to agree on one point - the biggest risk to the world's largest economy may be its own elected representatives.

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.

Obama, Dems are unified now but face tough tests2013-10-20
For US President Barack Obama and congressional Democrats, this month's budget battles brought about a remarkable period of party unity, a welcome change for the White House after a summer of disputes over possible military action in Syria, government spying programs and the president's pick to lead the Federal Reserve.

Budget uncertainty remains: Hagel2013-10-19
US Defense Secretary Chuck Hagel said on Thursday the Pentagon is still laboring under the shadow of budget uncertainty despite a deal by Congress that reopened the federal government and let some 7000 furloughed defense employees return to their jobs.

Budget uncertainty remains: Hagel2013-10-19
US Defense Secretary Chuck Hagel said on Thursday the Pentagon is still laboring under the shadow of budget uncertainty despite a deal by Congress that reopened the federal government and let some 7000 furloughed defense employees return to their jobs.

Democrats emerge as clear winners after U.S. gov't shutdown, debt ceiling fiasco2013-10-18
Democrats have emerged as the winners after a dog-eat-dog fight in the U.S. Congress over whether to raise the country's debt ceiling and end the government shutdown, U.S. experts said Thursday.

China welcomes end to U.S. fiscal gridlock2013-10-18
China on Thursday welcomed the passing of legislation to end the U.S.government shutdown and raise the debt ceiling.

US debt deal a temporary fix2013-10-17
Another fiscal crisis looming 'within months'; the yuan under pressure to rise

China warns on risks of US debt default2013-10-17
A debt default by the United States could increase the risks for Chinese enterprises and affect China's trade growth, Ministry of Commerce spokesman Shen Danyang said on Thursday.

Obama signs bill to end gov't shutdown, raise debt-ceiling2013-10-17
President Barack Obama early on Thursday signed legislation that ends a US government shutdown and raises the US debt ceiling, the White House said.

US Congress ends debt impasse, Obama to sign bill2013-10-17
The US Congress on Wednesday approved an 11th-hour deal to end a partial government shutdown and pull the world's biggest economy back from the brink of a historic debt default that could have threatened financial calamity.

US House passes Senate bill to reopen govt, raise debt limit2013-10-17
U.S.House of Representatives Wednesday night approved a deal to raise the debt ceiling and reopen the federal government, clearing final hurdle of the legislation in the Congress.