The GOP-led government shutdown looks like it will continue for an undetermined amount of time, even as more workers begin to lose their pay checks and the debt limit is avoided.
As the Republican-led government shutdown continues, the approaching debt limit and a possible debt default continues to grow larger on the horizon.
The plan first floated by Florida Senator Marco Rubio to shut down the government if the Affordable Care Act is not defunded is gaining traction among House Republicans and could put the United States on a dangerous path towards fiscal Armageddon in the next two months.
President Barack Obama’s tax-cut deal with the GOP leadership was supposed to be a bi-partisan plan. Instead, it’s drawing bi-partisan fire as it makes its way through Congress.
The battle over the Obama-GOP tax cut compromise passed its first hurdle in the Senate Monday evening after a test vote received a filibuster-proof majority.