Thursday 3 October 2013

Growing Concern for no end to US Government Shutdown

The U.S. government shutdown prompted growing concern of wider economic consequences when it stretched into a third day on Thursday, and President Barack Obama challenged Republicans to "stop this farce" by allowing a straight vote on a spending bill.

Both sides in the standoff, which was triggered by Republican efforts to halt Obama's healthcare reforms, appeared entrenched.
Republicans in the House of Representatives are planning at least 10 more small bills to reopen specific federal programs, according to a senior Republican aide. Democrats reject that piecemeal approach.
Fears grew that the crisis would merge with a more complex fight looming later this month over raising the federal debt limit and that this could stymie any attempts to end the shutdown before the middle of October.
Obama said there were enough Republicans willing to pass a spending bill immediately if House Speaker John Boehner would allow a vote on a spending bill without partisan conditions attached, a so-called clean vote. But Obama said the speaker was refusing to do so because "he doesn't want to anger the extremists in his party."
Source: Reuters

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