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Budget Battle News
A list of the most recent stories about Budget Faceoff in DC.
White House open to short-term hike in debt limit
Senate Democrats are drafting legislation to raise the nation's debt limit without the type of unrelated conditions that Republicans have said they intend to demand, officials said Monday, as the White House signaled it would accept even a brief extension in borrowing authority to prevent an unprecedented default. The details ...
Fox anchor apologizes after Obama gaffe
A Fox News Channel anchor has apologized for falsely saying that President Barack Obama had offered to pay for the operation of a museum of Muslim culture "out of his own pocket" during the government shutdown. Anchor Anna Kooiman made the remark Saturday on "Fox & Friends" during a discussion ...
Stocks fall as government shutdown drags on
Investors kept their focus on Washington Monday, sending stocks lower with little hope for a deal to end the government shutdown. Speaker John Boehner on Sunday ruled out a vote in the House of Representatives on a straightforward bill to increase the borrowing authority of the U.S. government without concessions ...
Southern Missouri river towns struck by shutdown
Many of the people who live amid the hills and hollows around this southern Missouri town aren't comfortable with the government telling them they have to do anything, let alone buy health insurance. In 2010, voters here overwhelmingly supported a statewide ballot measure that opposed a federal mandate calling for ...
Obama may be open to short-term debt ceiling hike
A senior Obama economic adviser is suggesting that the White House would be open to a short-term increase in the nation's borrowing authority. But the adviser, National Economic Council Director Gene Sperling, says a long-term extension of the debt limit would be better for the economy. Sperling says the size ...
US budget showdown weighs on markets
The mood in financial markets was cautious on Monday as the partial shutdown of the U.S. government entered a seventh day and lawmakers appeared to be making little headway in raising the country's debt ceiling. Stocks drifted lower and the price of oil dropped sharply as traders became nervous about ...
Supreme Court term begins amid government shutdown
The Supreme Court began its new term Monday by turning away hundreds of appeals, including Virginia's bid to revive its anti-sodomy law. The justices took the bench just past 10 o'clock on the first Monday in October, even as much of the rest of the government was coping with a ...
Kerry assures CEOs on US role in Asia-Pacific
Filling in for an absent U.S. President Barack Obama, Secretary of State John Kerry on Monday sought to assure Asia-Pacific business leaders that nothing will shake America's commitment to the region and that the current government shutdown in Washington will soon be over and forgotten. In an address to executives ...
With Obama out, others take APEC stage, sort of
As some of the world's heavy-weight leaders stood in the spotlight Monday at a regional economic summit, they still managed to be upstaged by who was missing. Even U.S. Secretary of State John Kerry poked fun at himself while standing in for President Barack Obama, saying when he worked to ...
National Weather Service secret message: 'please pay us'
The government shutdown has entered its fifth day, and someone at the National Weather Service has a message for our lawmakers. “Government meteorologists working with pay sending a clever SOS. Their message, hidden in a seemingly normal forecast: PLEASE PAY US.” (Via ABC) Yes, as you can see, subtly hidden in the ...
Government's work stacking up a week into shutdown
Across America the government's work is piling up, and it's not just paperwork. It's old tires and red Solo cups littering a stretch of river in Nebraska. Food poisoning microbes awaiting analysis in Atlanta. The charred wreckage of a plane in California, preserved in case safety investigators return. And it's ...
Oil falls below $103 as US debt deadline nears
The price of oil fell below $103 a barrel Monday as a partial U.S. government shutdown entered a second week and crude production in the Gulf of Mexico got back on track after a storm system passed through. By early afternoon in Europe, benchmark crude for November delivery was down ...
Nine-year-old sneaks on Sin City-bound plane without ticket
A nine-year-old Minnesota boy who reportedly ran away from home was somehow able to hop on a Delta Airlines flight from Minneapolis to Las Vegas without any adult supervision. It all happened Thursday, but media outlets didn’t find out about the incident until Saturday. The nine-year-old successfully made it past ...
Shutdown spawns vacuum in farm market information
When Tim Peterson finished planting his 900 acres of winter wheat last week, the usually market-savvy Kansas farmer unexpectedly found himself struggling to make critical marketing decisions without being able to access to vital agricultural reports, casualties of the federal government shutdown. "We have no clue what is going on ...
No. 2 House Democrat: GOP lawmakers running scared
The No. 2 House Democrat says a key factor extending the government shutdown is fear among moderate Republicans about a tea party challenge. Maryland's Rep. Steny Hoyer says he believes 140 to 160 of the 232 House Republicans "think what's being done right now is irrational." Hoyer tells MSNBC Monday ...
No sign of deal to end budget impasse
As the federal government shutdown rolled through the weekend, there were no signs either party was giving in, as lawmakers in the Congress and the White House traded more shots over who is to blame for the ongoing budget impasse. Republicans in the House plan to push through more mini-funding ...
Boehner to Obama: No debt hike without concessions
The United States moved closer to the possibility of the first-ever default on the government's debt Sunday as Speaker John Boehner adamantly ruled out a House vote on a straightforward bill to boost the borrowing authority without concessions from President Barack Obama. With no resolution in sight, Treasury Secretary Jack ...
Miley Cyrus rules 'SNL' as host and musical guest
Miley Cyrus cautioned viewers she wouldn't be twerking on "Saturday Night Live." But she commanded the stage on this week's edition of the NBC sketch comedy show, serving as both host and musical guest. And she did some shimmying as an over-sexed Congresswoman Michele Bachmann in a parody video about ...
Supreme Court term begins with contentious topics
The Supreme Court is beginning a new term with controversial issues that offer the court's conservative majority the chance to move aggressively to undo limits on campaign contributions, undermine claims of discrimination in housing and mortgage lending, and allow for more government-sanctioned prayer. Assuming the government shutdown doesn't get in ...
Boehner: No idea when government shutdown ends
House Speaker John Boehner (BAY-nur) says he doesn't know when the government shutdown will end and says it's up to President Barack Obama to start negotiations. The Ohio Republican said Sunday that he will not allow his GOP-led House to vote on a bill reopening the government without serious talks ...
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