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House of Representatives rejects debt ceiling plan proposed by Democratic Senate leader Harry Reid in a 246 to 173 vote.
Last Modified: 30 Jul 2011 19:51 GMT Americas
Obama calls on legislators to reach a solution on the debt crisis before August 2 deadline, amid criticism from China.
Last Modified: 30 Jul 2011 11:52 GMT Americas
The move continues a standoff over the debt limit but could set the table for talks this weekend on compromise plan.
Last Modified: 30 Jul 2011 11:48 GMT Americas
Majority leader Harry Reid now has a chance to push a revised version of his debt plan.
Last Modified: 30 Jul 2011 03:10 GMT Americas
With four days remaining before looming August 2 deadline, two major parties are still deadlocked over cutting deficit.
Last Modified: 29 Jul 2011 14:48 GMT Americas
Republicans and Democrats remain dangerously split over rival plans on debt limit compromise.
Last Modified: 27 Jul 2011 20:31 GMT Americas
House Republican leader says he is working on two-part plan to raise US debt limit, as deadline to avert crisis looms.
Last Modified: 24 Jul 2011 20:53 GMT Americas
President holds brief meeting of congressional leaders in bid to forge deal to raise the country's debt ceiling.
Last Modified: 23 Jul 2011 19:12 GMT Americas
President says talks broke down over tax revenue but that both sides had been only about $10bn apart on cuts.
Last Modified: 22 Jul 2011 22:46 GMT Americas
Experts warn that failure to raise the US debt ceiling by August 2 would send shock waves through world economy.
Last Modified: 21 Jul 2011 21:02 GMT Americas
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