October 11, 2013 |
The government shutdown won't shut down the New York City Marathon, but it could shift things around a little. Race organizers are working on a plan to move the event's staging area, currently set for Fort Wadsworth, a federally operated facility on Staten Island, the Associated Press reported. With about 45,000 runners expected to participate in the Nov. 3 race, officials did not say where they might place an alternative staging area. They said they did not believe the starting line would be affected.
October 1, 2013 |
NEW YORK -- Wall Street had a muted initial reaction to the federal government's shutdown. Major U.S. stock indexes bounced back in early trading in New York, a day after they lost about 1% as the U.S. House, Senate and President Obama dug in for yet another seemingly intractable Washington fight. The Dow Jones industrial average gained 62.82 points, or 0.42%, to 15,192.49 about an hour after the opening bell. The broader Standard & Poor's 500 rose 10.91 points, or 0.65%, to 1,692.46.
September 30, 2013 |
The president's Affordable Care Act may be unpopular, and Americans may be wary about raising the debt ceiling - but shut down the federal government? Polls show that Americans don't want that to happen, and our readers' opinions reflect that. As the government appears headed for a shutdown on midnight Tuesday - with Congress deadlocked on a spending bill that would keep federal agencies running but delay the implementation of Presidential Obama's healthcare reform law for one year - most readers are expressing disbelief at the dysfunction in Washington.
October 4, 2013 |
For Republicans thinking of running for president in 2016, one imperative may be rising fast: not to be Bob Dole. The former Kansas senator was the party's nominee for president in 1996, in the campaign that followed the last big government shutdowns. His opponent, Bill Clinton, succeeded in wrapping the brouhaha -- then, as now, blamed more on Republicans in Congress than on the Democratic president -- around Dole's neck, tight as a noose and just as lethal, politically. In ads and speeches, Clinton repeatedly castigated the “Dole-Gingrich” agenda, tying the senator to the prime mover behind the shutdowns, House Speaker Newt Gingrich.
October 3, 2013 |
President Obama has canceled his long-planned trip to Southeast Asia because of the government shutdown, White House spokesman Jay Carney said Thursday night. The president was scheduled to leave Saturday to attend the Asia-Pacific Economic Cooperation summit in Indonesia and the East Asia Summit in Brunei. "The cancellation of this trip is another consequence of the House Republicans forcing a shutdown of the government," Carney said. "This completely avoidable shutdown is setting back our ability to create jobs through promotion of U.S. exports and advance U.S. leadership and interests in the largest emerging region in the world.
October 4, 2013 |
Kevin Drum lists them as succinctly as one could hope. The key point to remember is No. 1, as I pointed out here : Whatever happens, the ridiculous and economically devastating sequester survives. Reach me at @hiltzikm on Twitter , Facebook , Google+ or by email . MORE FROM MICHAEL HILTZIK A way to make Wall Street pay its fair share How obscene is the CEO/worker pay gap? Why public employees should have the right to strike