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RD Today => All the News => LifeStyle => Topic started by: riky on October 16, 2013, 09:00:23 AM

Title: U.S. fiscal talks stumble as lawmakers race against time
Post by: riky on October 16, 2013, 09:00:23 AM
U.S. fiscal talks stumble as lawmakers race against time

By Richard Cowan and Thomas Ferraro WASHINGTON (Reuters) - Efforts by lawmakers to stop a U.S. debt default were in disarray on Tuesday with just over a day before the government's authority to borrow money lapses, risking the Treasury's ability to pay bills and creditors. Chaotic negotiations to end the U.S. fiscal impasse failed to produce a deal, and left Congress and President Barack Obama desperately searching for a way to reopen the government and raise the country's debt limit ahead of a Thursday deadline. Both measures require approval by the U.S. ...

Source: U.S. fiscal talks stumble as lawmakers race against time (http://news.yahoo.com/u-senators-hint-possible-fiscal-deal-tuesday-004610122--sector.html)