Tags: Debt ceiling
Creditworthiness of US at stake; Will cash-strapped US raise debt ceiling?
The creditworthiness of the world's largest economy seems to be drenched as US treasury has stopped issuing further debt citing reasons for reaching the borrowing ceiling.
U.S. could run out of cash in March under debt ceiling - CBO
The United States could start missing payments on its obligations some time between March and June if lawmakers don't raise a legal limit on borrowing by early February, congressional analysts said on Wednesday.
Money market fund flight occurred before passage of debt ceiling legislation in the US
About USD43 billion was pulled from the money market as investor fears of US debt crisis reached its height prior to Wednesday nights passage of much needed legislation.
Senate leadership progress towards budget deal
Senate Congressional leaders from both parties have progressed as to reaching a deal on the debt ceiling and the budget impasse.