 | Debt deal imposes new work requirements for food aid and that frustrates many DemocratsBargaining over work requirements for the Supplemental Nutrition Assistance Programme, known as food stamps, became the focal point for the White House and House Speaker up until the end. |
 | US debt ceiling drama nears end as Senate tackles default threatBut a time-consuming debate with numerous amendments being sought by senators from both parties threatened to hold up the process, dragging it deep into the weekend. |
 | President Joe Biden 'hopeful' of imminent US debt dealAlthough there was no indication of an imminent public announcement, it was the strongest sign yet that the drama in Washington might end, allowing the government to borrow and avoid a default. |
 | What happens if US fails to lift debt limit by June 5?President Joe Biden said today he is "hopeful" for a resolution within hours to the US debt ceiling standoff between Democrats and Republicans, raising hopes of an imminent end. |
 | US debt crisis: Biden vows 'no default'A batch of Social Security payments worth about $25 billion is scheduled to go out on June 2 and those payments could be halted if the Treasury Department is unable to cover loan repayments. |
| US warned debt standoff could hit credit ratingPresident Joe Biden's administration said it still sees a path to a deal, but there were few concrete signs that the two sides were finding agreement on how to raise the so-called debt ceiling. |
 | EXPLAINER | How banks, Fed are preparing for US default and the chaos expected to followThe doomsday planning is a reaction to a lack of progress in talks between President Joe Biden and House Republicans over raising the US$31.4 trillion debt ceiling. |
 | Lots of sound and fury on US debt, but not a crisis - yetThe debt challenge will keep unfolding over time, meaning that choices may become more severe as the costs of Social Security, Medicare and Medicaid increasingly outstrip tax revenues. |
 | US Debt ceiling: 2011 showdown leaves lessons for Biden, GOPLessons learned from the debt ceiling standoff more than a decade ago are rippling through Washington, as the White House and Congress brace for another fiscal showdown. |
 | Treasury Secretary Yellen warns of 'global financial crisis' if US defaults on debtYellen noted that the actual day on which the Treasury would no longer be able to use these measures is "quite uncertain," and could come as early as June. |
 | Chinese ratings agency downgrade US debt over political 'deficiencies'A Chinese credit ratings firm has downgraded US debt, citing the political "deficiencies" and "factional rivalries" of the United States. |
