JUPITERASC
Well-known member
'…..House Republicans, led by Speaker John Boehner, want to delay President Barack Obama’s Affordable Care Act for a year and make other changes to the law. Democrats, led by Obama, say that won’t happen. Republicans and Democrats say they don’t want to close the government, though neither side is budging from their positions.
Obama will meet with his cabinet this afternoon as agencies prepare for a shutdown, and plans to reiterate to reporters that he won’t give in to Republican demands over the health law, according to an administration official who asked for anonymity to discuss White House strategy...' http://www.bloomberg.com/news/2013-...wn-in-17-years-at-midnight-seen-probable.html
'…..Hanging in the balance are 800,000 federal workers who would be sent home if Congress fails to pass a stopgap spending bill before funding expires tonight.
Representative Chris Van Hollen of Maryland, top Democrat House Budget Committee said today on Bloomberg Television
“I’m afraid, based on what Speaker Boehner has said so far, that we are going to look at a shutdown,”
Concern that shutdown will stunt economic growth sent stocks lower today, trimming biggest quarterly gain since start of 2012, while Treasuries rallied and Japanese yen strengthened before potential shutdown. The Standard & Poor’s 500 fell 0.5 percent to 1,682.63 at 10:37 a.m. in New York.....'
Mundane chart attached
Obama will meet with his cabinet this afternoon as agencies prepare for a shutdown, and plans to reiterate to reporters that he won’t give in to Republican demands over the health law, according to an administration official who asked for anonymity to discuss White House strategy...' http://www.bloomberg.com/news/2013-...wn-in-17-years-at-midnight-seen-probable.html
'…..Hanging in the balance are 800,000 federal workers who would be sent home if Congress fails to pass a stopgap spending bill before funding expires tonight.
Representative Chris Van Hollen of Maryland, top Democrat House Budget Committee said today on Bloomberg Television
“I’m afraid, based on what Speaker Boehner has said so far, that we are going to look at a shutdown,”
Concern that shutdown will stunt economic growth sent stocks lower today, trimming biggest quarterly gain since start of 2012, while Treasuries rallied and Japanese yen strengthened before potential shutdown. The Standard & Poor’s 500 fell 0.5 percent to 1,682.63 at 10:37 a.m. in New York.....'
Mundane chart attached