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Sunday, July 31, 2011 12:06 AM PDT

Today's Politics - Bloomberg News Headlines - Yahoo! News: Snapshot: What to expect Sunday in the debt crisis High-ranking Senate Democrat upbeat on debt deal Snapshot: What is happening in the U.S. debt crisis Obama urges Congress to reject House "faction" on debt deal Factbox: Sticking points in debt-limit talks Republican leaders say fully engaged with Obama White House says supports bill lifting debt limit to 2013 China paper castigates "irresponsible" U.S. debt crisis Fed readies debt-limit guidance for financial firms Analysis: Cash drain uncertainty keeps pressure on Congress Tea Party financial advisers: We have no inside info U.S. ends "constructive" talks with North Korea Tea Party shows its clout in debt debate W.House addresses 14th Amendment on debt ceiling U.S. post-August 2 plan won't come out Friday: source Senator Schumer says hopes for debt compromise Friday Sen Reid: Democrats want debt hike to March 2013 Senate Democrats debt timeline close to deadline Senator Reid: Moving forward with debt limit bill China news agency lambastes U.S. for debt crisis House Republicans to meet Friday morning: Rep. Pence New Jersey Governor Christie discharged from hospital Fed readies debt-limit guidance for financial firms Factbox: Details of competing debt limit plans Boehner: has no control over possible downgrade House Republicans challenge Senate Democrats Senate will defeat Boehner bill tonight, Reid says "Pretty clear" what debt compromise will need: White House LaHood urges end to U.S. aviation standoff Analysis: U.S. may be entering age of political deadlock Analysis: Rick Perry run would test Romney's mettle House may vote on Boehner debt bill near 6 p.m. EDT U.S. "running on fumes" if no debt limit deal: White House Snapshot: What to expect Thursday in debt crisis Scenarios: Obama's options if no deal on debt ceiling hike Lawmaker vows look at China trade "abuses" Romney vows tough stance on China trade Lawmakers weigh value of development aid Russia says will respond to U.S. steps on Sergei Magnitsky Obama healthcare battle appealed to Supreme Court Snapshot: What to expect Sunday in the debt crisis Sat,30 Jul 2011 10:27 PM PDT Reuters - WASHINGTON (Reuters) - Here is what is happening on Sunday as lawmakers and the White House race to broker a deal to raise the country's $14.3 trillion borrowing cap by Tuesday's deadline and avoid defaulting on obligations. Full Story Top High-ranking Senate Democrat upbeat on debt deal Sat,30 Jul 2011 07:28 PM PDT Reuters - WASHINGTON (Reuters) - The No. 2 Democrat in Senate said on Saturday he was more optimistic about chances for a debt limit increase deal, despite many details still to be worked out. Full Story Top Snapshot: What is happening in the U.S. debt crisis Sat,30 Jul 2011 02:45 PM PDT Reuters - WASHINGTON (Reuters) - Here is what is happening on Friday as lawmakers scramble to close in on a deal for Congress to raise the U.S. government's $14.3 trillion borrowing limit by Tuesday's deadline and avoid a debt default: Full Story Top Obama urges Congress to reject House "faction" on debt deal Sat,30 Jul 2011 02:45 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama on Saturday urged lawmakers in Congress to put aside partisan politics and forge a comprehensive agreement to raise the debt ceiling to avoid a first-ever U.S. government default. Full Story Top Factbox: Sticking points in debt-limit talks Sat,30 Jul 2011 02:45 PM PDT Reuters - (Reuters) - Lawmakers are struggling to find a way to lift the nation's $14.3 trillion debt limit three days before a deadline to avert a ruinous default. Full Story Top Republican leaders say fully engaged with Obama Sat,30 Jul 2011 02:42 PM PDT Reuters - WASHINGTON (Reuters) - The top Republicans in the Senate and House of Representatives said on Saturday that after a week of stalemate they are now in serious talks with President Barack Obama to raise the debt ceiling and avoid a looming default. Full Story Top White House says supports bill lifting debt limit to 2013 Sat,30 Jul 2011 01:58 PM PDT Reuters - WASHINGTON (Reuters) - The White House said on Saturday it "strongly supports" a bill being considered in the House of Representatives that incorporates both Democratic and Republican ideas and would raise the debt limit to early 2013. Full Story Top China paper castigates "irresponsible" U.S. debt crisis Fri,29 Jul 2011 08:47 PM PDT Reuters - BEIJING (Reuters) - The mouthpiece of the Chinese Communist Party has castigated the United States' handling of its debt crisis as "irresponsible" and "immoral," saying in a Saturday editorial that the U.S. democratic system was to blame for the "farce." Full Story Top Fed readies debt-limit guidance for financial firms Fri,29 Jul 2011 04:29 PM PDT Reuters - WASHINGTON (Reuters) - The Federal Reserve plans to provide guidance to banks soon on how to handle the potentially turbulent financial waters if the United States exhausts its borrowing authority. Full Story Top Analysis: Cash drain uncertainty keeps pressure on Congress Fri,29 Jul 2011 03:00 PM PDT Reuters - WASHINGTON (Reuters) - The Obama administration has held out August 2 as a doomsday -- if Congress does not raise the U.S. debt limit by then, a financial cataclysm would follow. Full Story Top Tea Party financial advisers: We have no inside info Fri,29 Jul 2011 02:34 PM PDT Reuters - NEW YORK (Reuters) - Just because some financial advisers associate themselves with the Tea Party doesn't mean they can read tea leaves. Full Story Top U.S. ends "constructive" talks with North Korea Fri,29 Jul 2011 12:42 PM PDT Reuters - NEW YORK (Reuters) - The United States ended "constructive" talks with North Korea on Friday and will consult with Seoul and other allies on whether to reopen stalled negotiations on Pyongyang's nuclear program, the U.S. special envoy for North Korea said. Full Story Top Tea Party shows its clout in debt debate Fri,29 Jul 2011 12:41 PM PDT Reuters - MIAMI (Reuters) - They have been accused of holding Washington hostage by pushing the United States to the brink of a damaging debt default. The world is watching anxiously as the debt impasse drags on. Full Story Top W.House addresses 14th Amendment on debt ceiling Fri,29 Jul 2011 10:42 AM PDT Reuters - WASHINGTON (Reuters) - The White House on Friday addressed increasing calls by some Democrats for President Barack Obama to raise the debt ceiling on his own by invoking the 14th Amendment of the Constitution. Full Story Top U.S. post-August 2 plan won't come out Friday: source Fri,29 Jul 2011 10:11 AM PDT Reuters - WASHINGTON (Reuters) - The Treasury will not unveil a plan on Friday on how the government will operate and pay its bills if Congress does not raise the debt cap in a timely manner, a source familiar with the administration's thinking said. Full Story Top Senator Schumer says hopes for debt compromise Friday Fri,29 Jul 2011 09:39 AM PDT Reuters - WASHINGTON (Reuters) - A top Senate Democrat said on Friday he hoped Democrats and Republicans would reach a deal by day's end on a compromise bill to cut federal spending and raise U.S. borrowing authority. Full Story Top Sen Reid: Democrats want debt hike to March 2013 Fri,29 Jul 2011 09:31 AM PDT Reuters - WASHINGTON (Reuters) - Senate Democratic Leader Harry Reid said on Friday his budget legislation would increase the nation's borrowing authority until March, 2013 and reiterated that he would not accept a short-term debt limit increase as Republicans are insisting. Full Story Top Senate Democrats debt timeline close to deadline Fri,29 Jul 2011 09:02 AM PDT Reuters - WASHINGTON (Reuters) - Senate Democrats are trying to propose a compromise debt limit increase bill that would likely not come to a final vote in the Senate until midday on Tuesday, under one possible scenario, a Senate aide said on Friday. Full Story Top Senator Reid: Moving forward with debt limit bill Fri,29 Jul 2011 07:05 AM PDT Reuters - WASHINGTON (Reuters) - Senate Majority Leader Harry Reid on Friday said that he "cannot wait any longer" for the Republican-led House of Representatives to act on a debt limit increase and he will begin taking steps to move legislation. Full Story Top China news agency lambastes U.S. for debt crisis Thu,28 Jul 2011 09:22 PM PDT Reuters - BEIJING (Reuters) - China's state-run news agency has sharply criticized U.S. politicians for flirting with a disastrous debt default, saying the world's largest economy has been "kidnapped" by "dangerously irresponsible" U.S. politics. Full Story Top House Republicans to meet Friday morning: Rep. Pence Thu,28 Jul 2011 08:16 PM PDT Reuters - WASHINGTON (Reuters) - House Republicans will meet at 10 a.m. on Friday (1400 GMT) to assess their options after they delayed a vote on their debt-ceiling bill due to a lack of support, Representative Mike Pence said on Thursday. Full Story Top New Jersey Governor Christie discharged from hospital Thu,28 Jul 2011 04:37 PM PDT Reuters - NEW YORK (Reuters) - New Jersey Governor Chris Christie, often mentioned as a possible Republican U.S. presidential candidate, was released from hospital on Thursday evening after undergoing tests for breathing difficulties. Full Story Top Fed readies debt-limit guidance for financial firms Thu,28 Jul 2011 03:56 PM PDT Reuters - WASHINGTON (Reuters) - The Federal Reserve plans to provide guidance to banks soon on how to handle the potentially turbulent financial waters if the United States exhausts its borrowing authority. Full Story Top Factbox: Details of competing debt limit plans Thu,28 Jul 2011 12:55 PM PDT Reuters - (Reuters) - House Speaker John Boehner, a Republican, and Senate Democratic Leader Harry Reid are pushing rival plans to raise the government's borrowing limit before an August 2 deadline. Full Story Top Boehner: has no control over possible downgrade Thu,28 Jul 2011 11:32 AM PDT Reuters - WASHINGTON (Reuters) - House of Representatives Speaker John Boehner, the top Republican in Congress who has put forward a deficit reduction plan to be voted on later Thursday, said he had no control over whether his bill would avert a credit downgrade. Full Story Top House Republicans challenge Senate Democrats Thu,28 Jul 2011 11:23 AM PDT Reuters - WASHINGTON (Reuters) - House of Representatives Republican leader Eric Cantor Thursday challenged the Democratic-led Senate to accept a House-passed bill raising the debt limit or suffer the consequences of default. Full Story Top Senate will defeat Boehner bill tonight, Reid says Thu,28 Jul 2011 10:04 AM PDT Reuters - WASHINGTON (Reuters) - The Democratic-controlled Senate will defeat House Speaker John Boehner's plan to raise the debt ceiling shortly after the Republican-controlled House of Representatives votes on it, Senate Democratic Leader Harry Reid said on Thursday. Full Story Top "Pretty clear" what debt compromise will need: White House Thu,28 Jul 2011 09:59 AM PDT Reuters - WASHINGTON (Reuters) - The White House said on Thursday it was "pretty clear" what a compromise between Republicans and Democrats would look like to reduce the deficit and lift the debt ceiling by an August 2 deadline. Full Story Top LaHood urges end to U.S. aviation standoff Thu,28 Jul 2011 08:31 AM PDT Reuters - WASHINGTON (Reuters) - Transportation Secretary Ray LaHood urged Congress on Thursday to end a partial shutdown of the Federal Aviation Administration (FAA) and restore full funding to the agency. Full Story Top Analysis: U.S. may be entering age of political deadlock Thu,28 Jul 2011 07:45 AM PDT Reuters - WASHINGTON (Reuters) - The debt limit impasse in Washington, where a polarized Congress is struggling to avert an imminent U.S. default, points to a deeper crisis -- America may be entering an age of political paralysis. Full Story Top Analysis: Rick Perry run would test Romney's mettle Thu,28 Jul 2011 07:12 AM PDT Reuters - BOSTON (Reuters) - Republican presidential front-runner Mitt Romney has been on a glide path toward the 2012 primary elections, serving up a steady diet of soundbites and campaign material attacking President Barack Obama on jobs and the economy. Full Story Top House may vote on Boehner debt bill near 6 p.m. EDT Thu,28 Jul 2011 07:05 AM PDT Reuters - WASHINGTON (Reuters) - The House of Representatives is tentatively scheduled to vote between 5:45 p.m. and 6:15 p.m EDT on Thursday on a proposal to cut the deficit and raise the debt limit by $900 billion, a congressional aide said. Full Story Top U.S. "running on fumes" if no debt limit deal: White House Thu,28 Jul 2011 06:54 AM PDT Reuters - WASHINGTON (Reuters) - The United States will be "running on fumes" if its debt limit is not raised by August 2, the White House said on Wednesday, as it sought to kill talk that this was not a real deadline to strike a deficit deal. Full Story Top Snapshot: What to expect Thursday in debt crisis Wed,27 Jul 2011 10:04 PM PDT Reuters - WASHINGTON (Reuters) - Here is what to expect on Thursday as lawmakers try to close in on a deal for Congress to raise the government's $14.3 trillion borrowing limit by an August 2 deadline and avoid a debt default: Full Story Top Scenarios: Obama's options if no deal on debt ceiling hike Wed,27 Jul 2011 07:11 PM PDT Reuters - WASHINGTON (Reuters) - If the impasse over the U.S. debt limit is not broken soon, President Barack Obama will be forced to decide how he will manage the crisis. Full Story Top Lawmaker vows look at China trade "abuses" Wed,27 Jul 2011 05:54 PM PDT Reuters - WASHINGTON (Reuters) - A top Republican lawmaker Wednesday said he planned to turn up the pressure on China over a long list of trade "abuses" after Congress returns from its upcoming August recess. Full Story Top Romney vows tough stance on China trade Wed,27 Jul 2011 05:53 PM PDT Reuters - WASHINGTON (Reuters) - Republican presidential contender Mitt Romney said on Wednesday Chinese businesses were the "worst offenders" of global trade rules as his campaign vowed he would "get tough" with China if he wins in 2012. Full Story Top Lawmakers weigh value of development aid Wed,27 Jul 2011 04:59 PM PDT Reuters - WASHINGTON (Reuters) - Trimming U.S. funding to the World Bank and other global lenders would reduce American influence in developing countries and give China a competitive edge, lawmakers were told on Wednesday. Full Story Top Russia says will respond to U.S. steps on Sergei Magnitsky Wed,27 Jul 2011 04:48 PM PDT Reuters - MOSCOW (Reuters) - U.S. visa restrictions on Russian officials linked to the death of hedge fund lawyer Sergei Magnitsky could become a "serious irritant" in bilateral relations and provoke a response from Moscow, Russia's Foreign Ministry said on Wednesday. Full Story Top Obama healthcare battle appealed to Supreme Court Wed,27 Jul 2011 03:56 PM PDT Reuters - WASHINGTON (Reuters) - A Michigan-based legal group on Wednesday asked the Supreme Court to review and overturn a decision that found President Barack Obama's signature healthcare law constitutional. Full Story Top

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