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Government may not reopen until debt limit solved

October 11, 2013 By ei2admin

Many political observers predict the government shutdown will continue until  the separate debt ceiling crisis is resolved, meaning the government is unlikely  to open until Oct. 18.

As the government continues into day 7 of the shutdown over a temprorary  spending bill to fund the government, House Republicans and aren’t budging from  tying the bill to additional concessions from Democrats, although it remains  unclear exactly what they could be, given Obama’s insistence that he will not  undermine the Affordable Care Act.

“We’re not going to be disrespected,” Rep. Marlin Stutzman, (R-Ind.), is  quoted as saying Oct 3. by the  Washington Examiner. “We have to get something out of this. And I don’t  know what that even is.”

House Speaker John Boehner (R-Ohio) repeatedly said Sunday on ABC’s “The Week” he wants a conversation with Obama. In fact he said  the word conversation 22 times on the show.

Keep reading this article at: http://www.fiercegovernment.com/story/government-may-not-reopen-until-debt-limit-agreement-reached/2013-10-07

Filed Under: Contracting News Tagged With: budget cuts, Congress, debt ceiling, debt limit, government shutdown, shutdown, spending

Debt ceiling fight will imperil defense spending

October 9, 2013 By ei2admin

In the week following the US government shutdown, tea party Republicans are now poised for a new attack on federal spending as lawmakers and the White House battle over the nation’s borrowing limit.

Treasury Secretary Jack Lew has put Congress on notice: The United States will hit its borrowing ceiling on Oct. 17. Far-right House Republicans have been salivating for a debt-ceiling fight for months, eager to take on what the chamber’s top Republican calls “Washington’s spending problem.”

A dramatic few weeks of political wrangling that led to a government shutdown saw House Republicans go after President Barack Obama’s health care reform law. And while it’s likely they will take that fight to a coming debate over raising the nation’s debt ceiling, House GOP leaders and rank-and-file members also want more spending reductions.

“On the debt limit, we’re going to introduce a plan that ties important spending cuts and pro-growth reforms to a debt-limit increase,” said House Speaker John Boehner, R-Ohio, who many in Washington view as being driven by the tea party wing of his caucus.

Keep reading this article at: http://www.federaltimes.com/article/20131007/AGENCY01/310070010/Debt-ceiling-fight-will-imperil-defense-spending

Filed Under: Contracting News Tagged With: budget, budget cuts, debt limit, DoD, government shutdown, shutdown, spending, Traesury Dept.

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