Pages

Friday, September 27, 2013

Budget

News                                                                                                                             
Politico | Government shutdown: GOP leaders seeking support for debt ceiling hike
Top Republicans circled the House floor Thursday afternoon attempting to build support for the debt ceiling bill, the centerpiece of their fall fiscal strategy.
National Journal | Drama Intensifies Over Government Funding and Debt Ceiling on Both Sides of Capitol
A bicameral sparring match between Democratic and Republican leaders—as well as within the GOP conferences in both chambers—raged on Thursday over funding the government and paying its debts, with little prospect of a resolution before the weekend.
CNN Money | Debt ceiling cash crunch: Millions won't get paid
Some Republicans say that in that situation Treasury should prioritize who gets paid first. Their proposal: Pay bondholders and Social Security recipients first. Some GOP lawmakers add active-duty military to the list.