US fiscal impasse

US Senate leader sees chance for breaking fiscal impasse

US Senate negotiations to bring a fiscal crisis to an end showed signs of progress on Sunday, but there were no guarantees the federal government shutdown was about to end or that a historic debt default would be avoided.

Oct 14, 2013, 08:54 AM IST

US Shutdown: Obama steps up effort to resolve fiscal impasse

As the tit-for-tat battle between Republicans and Democrats over the US budget crisis continued, President Barack Obama has stepped up his personal engagement with Congressmen to resolve the fiscal impasse that triggered government shutdown for the first time in 17 years.

Oct 10, 2013, 17:35 PM IST