16:34
Tieng Anh Vui
Ratings agency Fitch has put the US AAA credit rating under review for a downgrade as the deadline to raise the US borrowing limit draws closer.
The move comes after Democrats rejected a plan by the Republican-led House of Representatives as an attempt to appease a small group of conservatives.
The House plans to vote on a revised plan later on Tuesday, Republicans say.
The US must raise its $16.7tn (£10.5tn) debt limit by Thursday or risk default.
"The [Fitch] announcement reflects the urgency with which Congress should act to remove the threat of default hanging over the economy," a US Treasury spokesperson said.
While Fitch said it expected the debt limit to be raised soon, it said "political brinkmanship" and "reduced financing flexibility could increase the risk of a US default".
During a previous fiscal standoff on Capitol Hill in 2011, another credit rating agency, Standard & Poor's, downgraded the US rating from AAA to AA+.
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