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Oct 11, 2013

Obama and Republicans struggle to break fiscal impasse

WASHINGTON (Reuters) – President Barack Obama and congressional Republican leaders worked to end their fiscal impasse on Friday, but struggled to strike a deal on the details for a short-term reopening of the federal government and an increase in the U.S. debt limit.

One day after the first signs of real movement in the standoff, both sides searched for an agreement that would get federal workers back on the job and extend the government’s borrowing authority past the October 17 limit.

Oct 11, 2013

Obama and Republicans struggle to break fiscal deadlock

WASHINGTON (Reuters) – President Barack Obama and congressional Republican leaders moved to end their fiscal impasse on Friday, but struggled to strike a deal on the details for a short-term reopening of the federal government and an increase in the U.S. borrowing limit.

After the first signs on Thursday of movement in the standoff, both sides worked furiously to find enough agreement to get federal workers back on the job and extend the government’s borrowing authority past the October 17 limit.

Oct 10, 2013

Republicans offer plan to postpone U.S. default

WASHINGTON (Reuters) – Republicans in the House of Representatives offered a plan on Thursday that would postpone a possible U.S. default and urged President Barack Obama to negotiate an end to the 10-day government shutdown.

The move signaled a new willingness by Republicans to break a standoff of their own making that has thrown America’s future creditworthiness into question.

Oct 8, 2013

War hero McCain says shutdown halts military death benefits

WASHINGTON (Reuters) – Senator John McCain said on Tuesday that members of Congress should be “embarrassed” and “ashamed” for the suspension of death benefits for American soldiers recently killed in Afghanistan.

Speaking on the Senate floor, McCain said these $100,000 payments have been denied to at least five families because of the government shutdown, now in week two.

Oct 8, 2013

U.S. Republicans offer new plan in fiscal standoff

WASHINGTON (Reuters) – Republicans offered a new approach on Tuesday to resolve the U.S. fiscal standoff, proposing creation of a bipartisan panel to work on deficit reduction and find ways to end the government shutdown and make recommendations on a debt-limit increase.

The proposal, which was quickly dismissed by Democrats, came as House of Representatives Speaker John Boehner and President Barack Obama spoke by telephone shortly after Boehner adopted a slightly more conciliatory tone in comments to reporters.

Oct 8, 2013

U.S. Senate Democrats ready debt limit bill, Boehner wants talks

WASHINGTON, Oct 8 (Reuters) – U.S. Senate Democrats plan to
introduce a bill this week to raise the government’s borrowing
authority by enough to last through 2014 in an effort to avoid a
fiscal default that could have a disastrous economic impact.

The measure, which must be discussed among Senate Democrats
at a luncheon meeting on Tuesday, would not contain any of the
deficit reductions that Republicans have demanded, a Senate
Democratic aide said.

Oct 6, 2013

Pentagon to recall most furloughed workers, easing shutdown pain

WASHINGTON (Reuters) – The Pentagon said on Saturday it would recall most of the roughly 400,000 civilian Defense Department employees sent home during the government shutdown, in a move that could greatly lessen the impact of the shutdown on America’s armed forces.

The exact number to be recalled remained uncertain. Civilian Pentagon employees comprise about half the 800,000 federal employees currently furloughed.

Oct 5, 2013

As U.S. shutdown drags on, House votes to pay idled workers

WASHINGTON, Oct 5 (Reuters) – Democrats and Republicans in
the U.S. House of Representatives agreed on Saturday to
retroactively pay 800,000 furloughed federal employees once the
government reopens, but there was no end in sight to the
shutdown that was in its fifth day.

The House of Representatives passed the bill unanimously and
it is expected to clear the Senate and be signed by President
Barack Obama. It was a rare moment of cooperation in the House
as the two parties were entrenched in their positions on the
shutdown.

Oct 5, 2013

Washington heads into fifth day of shutdown, no end in sight

WASHINGTON (Reuters) – Washington headed into the fifth day of a partial government shutdown with no end in sight even as another, more serious conflict over raising the nation’s borrowing authority started heating up.

The U.S. House of Representatives prepared for a Saturday session but with no expectations of progress on either the shutdown or a measure to raise the nation’s $16.7 trillion debt ceiling. Congress must act by October 17 in order to avoid a government debt default.

Oct 5, 2013

Washington heads into fifth day of shutdown, no end in sight

WASHINGTON (Reuters) – Washington headed into the fifth day of a partial government shutdown with no end in sight even as another, more serious conflict over raising the nation’s borrowing authority started heating up.

The U.S. House of Representatives prepared for a Saturday session but with no expectations of progress on either the shutdown or a measure to raise the nation’s $16.7 trillion debt ceiling. Congress must act by October 17 in order to avoid a government debt default.

    • About Thomas

      "Thomas Ferraro joined Reuters in 1998; he has helped cover a number of presidential campaigns and is a veteran of Capitol Hill where he has seen Democratic and Republican majorities rise and fall. He has also covered a number of Supreme Court confirmation battles, including those of four nominees now on the highest U.S. court."
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