October 16, 2013 |
As the shadow of the shutdown passes, it's proper to be reminded again that this fight involved spending levels that are materially suppressing economic growth and hampering the recovery. Specifically, the deal soon to be voted on leaves the sequester in place, at least until Jan. 15. This was a sadly predictable outcome of the standoff, as we noted at the outset . True, it does provide for further negotiation and debate on the sequester, but...
March 21, 2013 |
WASHINGTON -- A stopgap measure to keep the government funded at a new, lower level cleared a final hurdle in Congress on Thursday and is headed for President Obama's signature, ending the threat of a government shutdown. The House quickly approved the measure, 318-109, following passage in the Senate on Wednesday, as both parties -- and the administration -- sought to avoid a disruptive closing of federal offices. Legislation is needed by March 27 when a temporary measure expires, and Obama is expected to swiftly sign it. The bill locks in the amount of the so-called sequester cuts on federal agencies, the across-the-board reductions that have begun crimping lawmakers' priority projects and home-state industries.
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 1, 2013 |
They had come a long way to see the giant pandas. Several thousand miles, in fact. But when Muscovites John Boyko and Corina Naraevskaya strolled up leafy Connecticut Avenue to the entrance of the National Zoo Tuesday, they were confronted with a locked gate and a large white sign: “All Smithsonian Museums and the National Zoo are closed today due to the government shutdown.” “We are a little bit shocked,” said Naraevskaya. The couple's prospect for a glimpse of the cuddly giant animals chomping on bamboo looked grim for this trip.
October 2, 2013 |
Federal employees have been furloughed, federal assistance for those needing food has been threatened and tourists everywhere have been shut out of monuments and national parks as a result of the partial shutdown of the U.S. government. But the Washington budget standoff that triggered the shutdown has had an unexpected effect: Cancellation of a proposed KKK demonstration at Gettysburg in Pennsylvania. The Confederate White Knights of the Ku Klux Klan had received a special use permit to hold a demonstration at the Gettysburg National Military Park on Saturday.
October 24, 2013 |
We'll be seeing lots more data like these, but the White House Council of Economic Advisers is reporting that the government shutdown took a huge bite out of economic growth--and that the impact will linger. The chart above shows the effect on economic confidence, one of eight daily or weekly economic indicators tracked by the CEA. (The three lines follow three separate surveys, Gallup, Rasmussen and the University of Michigan.) Put briefly, confidence fell off a cliff. That's likely to bleed into the holiday period.
September 30, 2013 |
Much of the federal government will shut down as of midnight. What will be closing, why and what impact will it have? Question: Why a shutdown? Answer: Every year, Congress has to approve laws, known as appropriations, that provide money for federal agencies. The new budget year begins on Oct. 1, and Congress has failed to pass a single one of the appropriations. An effort to pass a stop-gap bill to provide temporary money has stalled in Congress: Republicans have insisted they will not approve the stop-gap measure unless Democrats agree to block money for President Obama's healthcare law, and Democrats have refused to do that.
January 7, 2014 |
WASHINGTON - Americans' confidence in the economy has jumped since the end of the partial federal government shutdown in October, another positive sign for the recovery as the new year begins, according to data released Tuesday by Gallup. The public opinion firm's economic confidence index rose to minus-19 in December from minus-25 in November. The monthly average, based on Gallup's daily tracking interviews, had plunged to minus-35 in October as a partisan standoff in Washington caused many federal agencies to shut down for 16 days.
October 2, 2013 |
WASHINGTON -- President Obama canceled part of his trip to Asia next week to deal with the government shutdown but for now is still planning to attend the two world summits on his schedule, the White House said Wednesday morning. Obama called Philippines President Benigno Aquino III and Malaysia's prime minister, Najib Razak, on Tuesday night to tell them he is canceling his plans to visit their countries, officials said. Instead of an eight-day trip, Obama will stay in the region only four days and attend the Asia-Pacific Economic Cooperation summit in Indonesia and the Assn.
October 10, 2013 |
Food expert Marion Nestle asks whether government-shutdown-mandated furloughs at the Centers for Disease Control and Prevention hampered its response to the salmonella outbreak at Foster Farms. The bacteria traced to three of the firm's California poultry plants have sickened 278 people nationwide, mostly in California. The Heidelberg strain of salmonella appears to be especially virulent. As my colleague David Pierson reported, 42% of victims have been hospitalized , double the normal rate.