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The Senate's bipartisan approach to government funding is putting pressure on a divided House

The United States is at risk of another damaging government shutdown, potentially as soon as the end of September WASHINGTON -- On one side of the Capitol, two senators have steered the debate over government funding mostly clear of partisan fights, creating a path for bills to pass with bipartisan momentum. Steps away, on the House side of the building, things couldn’t be more different. House Republicans, trying to win support from the far-right wing of the party, have loaded up their government funding packages with spending cuts and conservative policy priorities. Democrats have responded with ire, branding their GOP counterparts as extreme and bigoted, and are withdrawing support for the legislation. The contrary approaches are not unusual for such fights in Congress. But the differences are especially stark this time, creating a gulf between the chambers that could prove difficult to bridge. The dynamic threatens to plunge the United States into yet another damaging government ...

China uses US debt battle to deflect pressure on Africa debt

The Chinese government says the U.S. should stop pressuring it on debt relief for Zambia and get its own financial house in order to avert a default and the possible fallout on the global economy BEIJING -- The Chinese government says the United States should stop press uring it on debt relief for Zambia and get its own financial house to avert a default and possible repercussions for the global economy. The Chinese embassy in Zambia responded Tuesday to remarks by U.S. Treasury Secretary Janet Yellen, who said on a visit to the African nation this week that it’s crucial to address its heavy debt burden with China. “The biggest contribution that the U.S. can make to the debt issues outside the country is to … cope with its own debt problem and stop sabotaging other sovereign countries’ active efforts to solve their debt issues,” the Chinese Embassy said in a statement. Chinese development banks have emerged as major lenders to poorer countries around the world for natural resource, tra...