A market-rattling federal default loomed and the partial government shutdown lingered on Monday, but a gridlocked Congress betrayed little or no urgency toward resolving either of the nation’s most challenging short-term economic disputes.
The government shutdown entered its second week with no end in sight and ominous signs that the United States was closer to the first default in the nation’s history as Speaker John Boehner ruled out any measure to boost borrowing authority without concessions from President Barack Obama.
A partial government shutdown enters its fifth day, with Congress convening for a session that promises no progress in breaking the impasse but will at least offer back pay to furloughed federal workers.
President Barack Obama said in an interview that he has done everything in his power to work with the Republican Party since being in office.
President Barack Obama says House Speaker John Boehner is the only thing standing in the way of reopening the federal government.
Compromise elusive, Republicans and Democrats engaged in finger-pointing Monday just hours before the first government shutdown in 17 years, driven by an intractable budget dispute over President Barack Obama’s signature health care law.
Republicans in the House stated Wednesday they will not pass two crucial bills unless all of the funding for the Affordable Care Act, known as Obamacare, is dropped.
Persuading first-term Republicans in the House is President Barack Obama’s toughest sell on military strikes against Syria.
A Democratic aide said U.S. Senate Majority Leader Harry Reid is “guardedly optimistic” that his chamber will approve limited military strikes next week against Syria.
House Speaker John Boehner says he will support President Barack Obama’s call for the U.S. to take action against Syria for alleged chemical weapons use .