News
CNN Money | Shutdown looms as Congress debates FEMA funding
The standoff continues Monday between the House and the Senate over emergency funding, which is holding up a short-term spending measure to keep government running into the new fiscal year that begins this weekend.
NY Times | As Sides Dig In, Panel on Deficit Has an Uphill Fight
As if expectations were not low enough for the special Congressional committee charged with writing a deficit-reduction deal, they seem to be falling by the day as the two parties harden their positions on spending and taxes.
CNN Money | Geithner sounds alarm on Europe
U.S. Treasury Secretary Tim Geithner warned Saturday that the sovereign debt and banking crisis in Europe represents "the most serious risk now confronting the world economy."
Politico | Disaster aid or disaster in making?
Senate Majority Leader Harry Reid’s risky decision to wait until the 11th hour to hold a vote on a must-pass budget bill relies on the support of a handful of Republicans who previously backed a Democratic plan approving billions in federal disaster aid.