The debt ceiling crisis that ended with a whimper

The US Congress has agreed to raise the debt ceiling until March 2015, averting another crisis that almost four months ago threatened to trigger a default on US debt and plunge the global financial markets into chaos.

G20 gives U.S. a slap for the shutdown

The world’s top economic powers urged the U.S. to break its stalemate over the nation’s debt ceiling and budget, calling the standoff one of the world’s chief immediate economic risks.

Lew to Congress: Raise debt ceiling before mid-October

The United States will reach the limit of its borrowing authority in mid-October, Treasury Secretary Jack Lew said Monday.

Obama digs in heels, refuses to negotiate debt ceiling

WASHINGTON (Reuters) - President Barack Obama on Monday rejected any negotiations with Republicans over raising the U.S. borrowing limit, accusing his opponents of trying to extract a ransom for not ruining the economy in the latest fiscal fight.

Goodbye fiscal cliff, hello debt ceiling: Another deadline with a colorful name threatening US

WASHINGTON: Even as President Barack Obama prepares to sign the hard-won tax deal that Congress passed Tuesday, another manufactured deadline with a colorful name is threatening to hamstring the government and undermine the economy. Goodbye, fiscal cliff. Hello, debt ceiling.

Debt Ceiling Nears as Budget Talks Stymied

The Treasury Department said Wednesday the government would hit its legal borrowing limit by Monday, setting in motion emergency measures to keep the government operating for several more weeks and serving as a reminder that the nation's budget wrangling could continue well into 2013.