Samira Hussein Reporting News Today : Breaking News, Live Updates & Top Stories | Vimarsana

here — and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a must—pass piece of legislation to save the nation from economic catastrophe. so, what exactly is happening here? weeks to go before the federal government is unable to pay its bills. well, the us government spends more money that it brings in. so it needs to borrow money to pay its bills. it can only borrow a certain amount of money. and if it needs to borrow mor...

Strings attached." so off to the white house the two warring political parties go to try and work it out. but the clock is ticking. the us government could run out of cash as early as 1june. so what are the possible consequences? forstarters, people who work for government agencies won't get paid. and those getting social security benefits won't get their money, either. financial markets would fall, and thousands ofjobs would be lost in the immediate aftermath. but the most dire consequence would be investors losing confidence in the country's ability to pay the interest on its debt, which com...

Samira hussein reporting from new york. ajudge in los angeles has denied the american pop star britney spears a request to remove herfather from his position as her conservator. the singer's lawyer wanted the court to sackjamie spears from his role as guardian of her estate, leaving her with no control over her life and finances for 13 years. the singer was placed under his guardianship after suffering a series of mental breakdowns. she has said previously that she was traumatized and depressed by the arrangement, which forced her to perform against her will. our arts correspondent rebecca jon...