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August 23, 2013

Congress Headed for Budget Showdown

"Budget talks between the White House and Senate Republicans have gone nowhere since Congress began its summer recess, increasing chances of a fiscal stalemate that could lead to a government shutdown in October or the threat of a government default later in the fall," the New York Times reports.

"Negotiators who had hoped for a summer breakthrough say the chances for a major deficit reduction deal are rapidly slipping away. While many members of both parties say they would like to avoid either a shuttering of the government as of Oct. 1 or a default caused by failing to increase the federal debt limit, no acceptable solution has emerged. Lawmakers say the consequences could be severe."

Meanwhile, Roll Call reports Speaker John Boehner "outlined a strategy for next month's spending fight focused on the sequester spending cuts -- and not on defunding Obamacare."

The Week: Tea partiers get a dose of bad news from a Republican pollster.


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