Nearly all trials and other federal court proceedings might come to a halt if the U.S. government shuts down because Congress cannot agree on the budget, the federal judiciary’s policy-making body warned.
Tales from the Trail
President Barack Obama and members of Congress may soon have added incentive to reach a budget deal and avert a possible government shutdown: their own six-figure salaries.
President Barack Obama said he wants a mature discussion between politicians of all stripes as the White House and members of Congress try to make tough decisions on spending and taxes necessary to run the government and deal with a ballooning budget deficit.
Tackling huge budget deficits and growing debt is essential for the United States to avoid a financial market crisis that would push interest rates higher and severely damage the U.S. economy, many economists have warned.
High drama at President Barack Obama’s deficit commission meeting.
Members of the bipartisan panel were about to settle in at the Senate Budget Committee hearing room to discuss the weighty issues of performance objectives and the merit of one-year vs. two-year budgeting, when the unscheduled happened.
Lest there be any doubt, President Barack Obama, a Democrat, blames Republicans for leaving him a huge deficit when he took office.