US lawmakers haven't achieved compromise on debt limit

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U.S. House Speaker John Boehner (C) attends a news conference on debt ceiling at Capitol Hill as Republican and Democratic lawmakers haven't achieved a debt limit negotiation compromise in Washington D.C., capital of the United States, July 28, 2011. The U.S. federal government's borrowing limit, currently at 14. 29 trillion U.S. dollars, was reached on May 16. The Treasury Department said the nation would begin to default without an agreement to lift the limit by Aug. 2, as it would run out of maneuvering room to pay its bills. [Zhang Jun/Xinhua]