Apr 07 The Need for a Long-Term Budget Fix By Elizabeth Shell I wrote yesterday about a chat with the former head of President Clinton's Council of Economic Advisers, Martin Baily, now of the Brookings Institution. Most striking to me, was his suggestion that there could conceivably be an upside to… Continue reading
Apr 07 What a Possible Government Shutdown Means Across the Nation Republican and Democratic lawmakers have until Friday at midnight to agree on a federal budget or force a government shutdown. This would mean that non-essential federal employees will be furloughed, and essential employees will continue to work without pay for… Continue reading
Apr 07 With Government on Brink of Shutdown, 'Narrow' Differences Remain Senate Majority Leader Harry Reid, left, and House Speaker John Boehner speak to reporters outside the White House following a meeting with the president. Photo by Brendan Hoffman/Bloomberg via Getty Images. Congressional leaders have taken budget negotiations to… Continue reading
Apr 06 After White House Summit, Leaders Optimistic, but Shutdown Still Looms President Obama, House Speaker John Boehner and Senate Majority Leader Harry Reid emerged from a late night White House meeting Wednesday with no deal in place to avert a government shutdown. However, all three men said progress was made in… Continue reading
Apr 06 Watch Van Hollen: Tea Party Wing Has Taken Over House Budget Talks Gwen Ifill talks to Maryland Rep. Chris Van Hollen, the ranking Democrat on the House Budget Committee, about the state of a budget stalemate for the rest of this fiscal year, the prospects for a government shutdown and what's at… Continue watching
Apr 06 Watch If Government Shuts Down, Where Would Blame Fall? Both Democrats and Republicans insisted they wished to avoid a government shutdown, but the budget stalemate continued Wednesday after both sides failed to agree on a deal. Jim Lehrer discusses the negotiations with Naftali Bendavid, congressional correspondent for The Wall… Continue watching
Apr 06 The Budget Debate: When Yin and Yang Don't Meet There is in Chinese philosophy, the concept we know as yin and yang: dark and light, cold and hot, male and female. Very simply put, the idea that opposites only exist in relation to each other. It takes a… Continue reading
Apr 06 Boehner, GOP Leaders Defend Budget Negotiations In a news conference Wednesday, House Speaker John Boehner and other GOP leaders defended ongoing budget negotiations in the face of a possible government shutdown if an agreement is not reached by Friday. Boehner said that "the conversations are continuing,… Continue reading
Apr 06 Watch President Obama Calls for Compromise on Budget to Avoid Government Shutdown Pres. Obama made a brief statement on the potential of a government shutdown. Continue watching
Apr 06 Watch Speaker Boehner: 'Republicans have no interest in shutting down the government' House Republicans made statements and on the ongoing budget standoff. Continue watching