WASHINGTON (Reuters) – As the U.S. government moved into the second week of a shutdown on Monday with no end in sight, a deadlocked U.S. Congress also confronted an October 17 deadline to increase the nation’s borrowing power or risk default.
The last big confrontation over the debt ceiling, in August, 2011, ended with an eleventh-hour agreement under pressure from shaken markets and warnings of an economic catastrophe if a default were allowed to occur.
WASHINGTON, Oct 4 (Reuters) – House Republicans huddled on
Friday to plot their next move on the fourth day of a U.S.
government shutdown that many fear will drag on until bickering
Washington politicians reach a deal to raise the debt ceiling
and avoid a default.
Even the possibility of the United States defaulting on its
financial obligations for the first time in history has rattled
financial markets and prompted warnings that such a move could
derail the still fragile economic recovery.
(Reuters) – The shutdown of the U.S. government appeared likely to drag on for another week and possibly longer as lawmakers consumed day three of the shutdown with a stalling game and there was no end in sight until the next crisis hits Washington around October 17.
Bowing to the reality that the impasse requires him to remain in Washington, President Barack Obama canceled plans to attend summits in Indonesia and Brunei next week. Earlier this week, he canceled visits to Malaysia and the Philippines because of the shutdown.
WASHINGTON, Oct 3 (Reuters) – A dramatic car chase through
the streets of Washington from near the White House to the U.S.
Capitol ended in gunfire on Thursday when law enforcement
officers shot and killed the driver as lawmakers and aides
huddled in a lockdown.
The incident rattled Washington just three weeks after a
government contractor opened fire at the Washington Navy Yard,
about 1.5 miles (2.4 km) from the Capitol, killing 12 people and
wounding three others before he was shot to death by police.
WASHINGTON (Reuters) – A dramatic car chase through the streets of Washington from near the White House to the U.S. Capitol ended in gunfire on Thursday when law enforcement officers shot and killed the driver as lawmakers and aides huddled in a lockdown.
The identity of the driver – a woman – was not released. “The suspect in the vehicle was struck by gunfire and at this point has been pronounced (dead),” Washington’s police chief, Cathy Lanier, told reporters.
WASHINGTON (Reuters) – The U.S. Capitol was briefly locked down on Thursday after gunshots were fired outside the building following a car chase across central Washington which ended with the woman who drove the car being shot, officials said.
One U.S. official said the woman was killed but this could not be confirmed immediately and a police official said he did not know the condition of the suspect.
Oct 3 (Reuters) – A U.S. government shutdown entered its
third day on Thursday with little sign of compromise between
Republicans and Democrats and concerns grew about the economic
consequences of a prolonged stalemate.
The standoff, prompted by Republicans’ determination to halt
President Barack Obama’s healthcare reforms, appeared to be
merging with a more complex fight looming later this month over
raising the federal debt limit. Some feared this could stymie
any attempts to end the shutdown before the middle of October.
WASHINGTON, Oct 2 (Reuters) – President Barack Obama
scrapped part of a long-planned trip to Asia and planned to meet
with congressional leaders on Wednesday as a U.S. government
shutdown entered a second day with no end in sight.
The impasse has raised questions about Washington’s ability
to carry out its most essential duties. Though a short-term
shutdown would do relatively little damage to the world’s
largest economy, global markets could be roiled if Congress also
fails to raise the debt limit before borrowing authority runs
out in coming weeks.
WASHINGTON, Oct 1 (Reuters) – The White House rejected a
Republican plan to reopen portions of the U.S. government on
Tuesday as the first shutdown in 17 years closed landmarks like
the Statue of Liberty and threw hundreds of thousands of federal
employees out of work.
The back and forth offered no sign that President Barack
Obama and Republicans can soon end a standoff over health care
that has sidelined everything from trade negotiations to medical
research and raised new concerns about Congress’s ability to
perform its most basic duties.
WASHINGTON (Reuters) – The U.S. government was headed toward a shutdown over Republican efforts to halt President Barack Obama’s healthcare reforms using a temporary spending bill even as efforts emerged to try to negotiate a deal.
U.S. House of Representatives Republicans, in a bid to break the logjam over the spending bill, are expected to seek the creation of a bipartisan negotiating panel with the Senate, according to a senior Republican aide.