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US Gov't shutdown enters 2nd week, no end in sight

Washington : The government shutdown entered its second week with ominous signs that the U.S. was closer to the first default in the nation's history as House Republican Speaker John Boehner ruled out any measure

India TV News Desk Updated on: October 07, 2013 11:09 IST


A defiant Boehner insisted that Obama must negotiate if the president wants to end the shutdown and avert a default that could trigger a financial crisis and recession that would echo 2008 or worse. The 2008 financial crisis plunged the country into the worst recession since the Great Depression of the 1930s.







“The votes are not in the House to pass a clean debt limit, and the president is risking default by not having a conversation with us,” Boehner said.

Boehner also said he lacks the votes to pass a continuing resolution, a reference to the temporary spending bill without conditions that would keep the government operating.

The shutdown has pushed hundreds of thousands of workers off the job, closed national parks and museums and stopped an array of government services.

The one bright spot on Monday is a significant chunk of the furloughed federal workforce is headed back to work. Defense Secretary Chuck Hagel ordered nearly 350,000 back on the job, basing his decision on a Pentagon interpretation of a law called the Pay Our Military Act.

Those who remain at home or are working without paychecks are a step closer to getting back pay once the partial government shutdown ends. The Senate could act this week on the measure that passed the House unanimously on Saturday.
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