Post Tagged with: "Government Shutdown"

Tea Party Republicans Backed By Big Corporate Players Following Shutdown

November 24, 2013 3:20 PM0 comments
Tea Party Republicans Backed By Big Corporate Players Following Shutdown

WASHINGTON, Nov 23 (Reuters) – Business groups waged a fierce lobbying campaign last month to convince Republicans to re-open the government and raise the debt ceiling, but many of the most influential U.S. corporations have not cut off support to lawmakers who did not heed their appeal. Eight of the […]

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GOP’s huge Tea Party mess has only just begun

October 17, 2013 10:52 AM0 comments
GOP’s huge Tea Party mess has only just begun

WASHINGTON – Last night, Republicans stood aside as Congress increased the debt limit and reopened the government. In return, they got nothing. Or more accurately, they got something that already existed, and gave Democrats something they’d been blocking for months. The deal Harry Reid struck with Mitch McConnell includes a […]

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Government Shutdown: Congress Votes To End Funding, Debt Standoff

October 16, 2013 7:33 PM0 comments
Government Shutdown: Congress Votes To End Funding, Debt Standoff

WASHINGTON – The government shutdown is dead. Obamacare is alive. The Senate voted 81 to 18 Wednesday night to reopen the federal government and raise the nation’s borrowing limit, hours before the Treasury Department faced the possibility of being unable to pay all of America’s bills for the first time […]

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Senate leaders announce tentative budget deal The Debt-Ceiling Crisis Is Over!

8:33 AM0 comments
Senate leaders announce tentative budget deal The Debt-Ceiling Crisis Is Over!

WASHINGTON – Senate leaders on Wednesday announced a bipartisan agreement to end the partial government shutdown and raise the debt ceiling, teeing up a string of votes which could start later in the day. Senate Majority Leader Harry Reid and Republican Leader Mitch McConnell announced the “important agreement” on the […]

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Rep. Jaime Herrera Beutler Calls On GOP Colleagues To End Shutdown: It’s Time To ‘Face Reality’

8:02 AM0 comments
Rep. Jaime Herrera Beutler Calls On GOP Colleagues To End Shutdown: It’s Time To ‘Face Reality’

WASHINGTON — Rep. Jaime Herrera Beutler (R-Wash.) broke ranks from many fellow Republicans Tuesday evening, calling on her party to give up hope of blocking Obamacare in the budget fight. “Nothing positive will be achieved by prolonging this shutdown any longer, or crossing the debt limit threshold,” Herrera Beutler said […]

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Deal or no deal? GOP back to drawing board on debt plan after Obama meeting

October 10, 2013 7:50 PM0 comments
Deal or no deal? GOP back to drawing board on debt plan after Obama meeting

WASHINGTON – Republican lawmakers scrambled back to the drawing board late Thursday to modify their plan for a short-term increase in the debt ceiling, after President Obama apparently pushed back on the proposal during a high-stakes White House meeting. The meeting broke up with no deal announced, despite optimism earlier […]

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Government Shutdown A Bigger Downer As It Goes On

7:29 PM0 comments
Government Shutdown A Bigger Downer As It Goes On

WASHINGTON – House Speaker John Boehner (R-Ohio) announced Thursday that Republicans would seek a deal to raise the country’s borrowing limit for six weeks. While potentially a breakthrough for stalled budget negotiations, the proposal wouldn’t reopen the government, raising fears the shutdown could drag on for weeks. The longer the […]

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Wall Street Isn’t Buying Obama’s Doomsday Scenario

October 9, 2013 4:56 PM0 comments
Wall Street Isn’t Buying Obama’s Doomsday Scenario

Markets sold off sharply yesterday as the rhetoric surrounding the looming debt ceiling escalated. The S&P500 (^GSPC) dropped 1.2% to 1,655; the lowest close in more than month. Despite the worst single day drop since the current sell-off began, most traders remain skeptical that the similar debacle in summer of […]

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Some Environmentalists Worry Keystone XL Pipeline Could Become Bargaining Chip In Budget Talks

4:21 PM0 comments
Some Environmentalists Worry Keystone XL Pipeline Could Become Bargaining Chip In Budget Talks

WASHINGTON – With Republicans trying to capitalize during a budget showdown that has shut down the government, some environmentalists are concerned the proposed Keystone XL pipeline could become a bargaining chip. Environmental activists staged a sit-in at the Tip O’Neill federal building in Boston on Monday to urge the State […]

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Devin Nunes Denies Backing ‘Clean’ Funding Bill To Avert Shutdown, But He Did — And We’ve Got It On Tape

October 7, 2013 6:33 PM0 comments
Devin Nunes Denies Backing ‘Clean’ Funding Bill To Avert Shutdown, But He Did — And We’ve Got It On Tape

WASHINGTON – Rep. Devin Nunes (R-Calif.) is denying that he ever endorsed the idea of passing a “clean” funding bill — or one without strings attached — to keep the government running. But he did. On Monday, Nunes’ office asked The Washington Post to remove the congressman’s name from their […]

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