Dems and GOP set to clash over debt ceiling limit in 2023
Fight could turn nasty as GOP warns it will insist on spending cuts while Dems say they will refuse to negotiate.
Fight could turn nasty as GOP warns it will insist on spending cuts while Dems say they will refuse to negotiate.
US Federal Aviation Administration ordered shutdown of air-traffic control towers at 149 small airports due to budget constraints.
Obama set to hold talks with congressional leaders Friday at the White House, hours after huge across-the-board spending cuts kick in.
Obama warns the fragile economy can not afford the blow from huge cuts, warning it threatens the jobs of millions of Americans