Fiscal cliff
US budget aims to prevent another government shutdown
Democrats and Republicans have agreed a draft budget which will fund the US government until September 2015. The $85 billion plan will see the deficit reduced by about $23…
US braces for possible govt shutdown at midnight
A partial shutdown of the US government was set to begin at midnight Monday, with Republicans tying a new spending bill to a delay in Barack Obama's health care overhaul and…
US nears shutdown as house delays healthcare law
The US House of Representatives voted on Sunday to delay President Barack Obama’s healthcare law for one year, as the government moved closer to a possible shutdown.
US braces for possible shutdown over budget
The US braced for a government shutdown as Congress remained at an impasse over the budget on Friday, just days ahead of deadlines to approve spending and extend the country’s…
The United States face new budget cuts
The United States is headed for another budget crisis. Servicemen and women could be facing the axe if a deal isn't reached soon. Also, Mexico's Ciudad Juarez, once dubbed "the…
Venezuela: Inside Chavez's 'Socialist' city
As Venezuela's presidential campaign kicks off, Hugo Chavez's legacy lives on in many towns. We take you to Ciudad Caribia, the country's biggest social housing project. Next, we…
Back on the cliff edge: fiscal crisis returns to Washington
The US economy is again staring down the barrel of a gun. This Friday marks the beginning of another budget crisis, entirely manufactured by Washington, if it is not averted at…
Budget cuts loom as Congress fails to cut a deal
The US Congress has adjourned for the weekend without reaching a deal to avoid steep automatic budget cuts that could block economic recovery efforts. The cuts take effect Friday…
Avoiding the cliff edge - but for how long?
After the cliffhanger that was the fiscal cliff in the United States, new episodes of political drama could be coming very soon. A new Congress, with new Senators and new…
'Fiscal cliff' deal becomes law as new Congress meets
US President Barack Obama signed a contentious "fiscal cliff" deal into law Wednesday night as the 113th US Congress convened for its first session on Thursday, set to tackle…
US fiscal cliff: Back from the brink? (part 2)
The fiscal cliff may have been avoided thanks to a tax hike deal, but are US voters really ready to hear the truth when it comes to the spending cuts that are still needed?…
US fiscal cliff: Back from the brink?
The fiscal cliff may have been avoided thanks to a tax hike deal, but are US voters really ready to hear the truth when it comes to the spending cuts that are still needed?…