US inches towards default deadline

Economic powerhouse may face prospect of plunging back into recession if political standoff continues.

    Barack Obama has cautioned that no area can be off-limits when it comes to tackling the country's record budget deficit despite Republicans' protests.

    On Saturday the US president said any plan to deal with the country's $14.3tn debt must include an end to tax breaks for the wealthy.

    Al Jazeera's Tom Ackerman from Washington DC.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Meet the deported nurse aiding asylum seekers at US-Mexico border

    Meet the deported nurse helping refugees at the border

    Francisco 'Panchito' Olachea drives a beat-up ambulance around Nogales, taking care of those trying to get to the US.

    The rise of Pakistan's 'burger' generation

    The rise of Pakistan's 'burger' generation

    How a homegrown burger joint pioneered a food revolution and decades later gave a young, politicised class its identity.

    'We will cut your throats': The anatomy of Greece's lynch mobs

    The brutality of Greece's racist lynch mobs

    With anti-migrant violence hitting a fever pitch, victims ask why Greek authorities have carried out so few arrests.