: As the end of the year approaches, Congress has left everyone guessing as to where things stand with the budget and other very relevant measures that have a direct bearing on Americans' wallets. More
The differences between Democrats and Republicans on the budget are not insurmountable but they are stark. If they can't bridge their differences in the next few months, the country could be at risk of yet another shutdown.
It's hard to predict whether there will be another showdown over the debt ceiling in 2014. But if one does erupt, the U.S. could risk default by March, according to one estimate.
Enough already! Congress should have debates about spending. But they can't politicize the debt ceiling and risk default.
Budget experts and political observers are not optimistic that the next round of talks will produce much in the way of smart changes.
Despite coming close to a debt default, experts say the U.S. dollar and Treasury bonds remain the world's best (and only) choice as a safe haven.
State media reports and credit agency in America's largest overseas creditor blast 'politicians in Washington' and say global confidence remains uncertain.
The United States will only have enough cash for about two-thirds of what it owes between October 18 and November 15.
The United States lost its AAA rating in 2011 and is at risk of getting dinged again. What are the implications of a possible U.S. credit downgrade?
Fitch warns 'political brinkmanship' over debt ceiling puts AAA rating at risk.
What happens on Thursday and what are the risks? Wall Street girds for default.
If the debt ceiling is not raised, the U.S. will only have enough cash for about two thirds of what it owes between Oct 18 and Nov 15. Here's one illustrative scenario of who might get stiffed.
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