Sort out your debt crisis or the world will suffer, IMF tells U.S.

Daily Mail
"The Republicans, who control the House of Representatives, are pushing for an aggressive debt-reduction plan with sharp spending cuts but little in the way of tax rises before lending their approval to a deal to lift the ceiling. But the White House – which cannot borrow without approval from Congress – would prefer a process that raises tax revenues from the wealthy. U.S. House Speaker John Boehner, the top Republican in Congress, introduced a new plan yesterday to approve an increase in the debt ceiling and said it would be irresponsible for President Obama, a Democrat, to veto it."