Another Deadline Quickly Approaches, Looms Over Congress
Today (Friday) begins Day 4 of the government shutdown - lawmakers are now focusing on the deadline to raise the debt limit in a couple of weeks. According to the Washington Post - House Speaker John Boehner has told his colleagues he will act to raise the federal debt limit - even if he has to rely on Democrat votes to do so. Boehner has shared with fellow Republicans he will not permit a vote on a clean, short-term spending bill that doesn't end - or delay - parts of the Affordable Care Act. GOP aides indicate Boehner is willing to risk upsetting some Republican lawmakers by relying on Democratic votes to pass a debt ceiling increase - which would echo a strategy that ensured passage of measures to avert another fiscal stalemate earlier this year. President Obama says a government shutdown is reckless - but an economic shutdown resulting from default would be even worse. Obama says Congress has to pass a budget that funds the government without partisan strings attached. To avoid default - Congress must raise the 16.7-trillion dollar debt ceiling before October 17th.
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