Economy

Economic Costs of Washington Dysfunction Weigh Heavilyi
X
September 26, 2013 11:39 PM
The U.S. Senate is expected to work on an emergency funding bill this weekend to keep the government operating after its spending authority runs out October 1. The bill would still require approval from the Republican-led House of Representatives, which earlier this week agreed to fund the government only if none of the funds are used to implement President Barack Obama’s signature health care law. But even if lawmakers succeed in averting a costly shutdown, some say the U.S. economy already is paying the price for political dysfunction. Mil Arcega has more.

Economic Costs of Washington Dysfunction Weigh Heavily

Published September 26, 2013

The U.S. Senate is expected to work on an emergency funding bill this weekend to keep the government operating after its spending authority runs out October 1. The bill would still require approval from the Republican-led House of Representatives, which earlier this week agreed to fund the government only if none of the funds are used to implement President Barack Obama’s signature health care law. But even if lawmakers succeed in averting a costly shutdown, some say the U.S. economy already is paying the price for political dysfunction. Mil Arcega has more.


You May Like

Changing Under Pressure, IS ‘Potent’ as Ever

US intel officials describe Ramadi's fall as concerning, but say it isn't emblematic of larger effort to degrade IS capabilities More

Nigeria Fuel Shortage Shows Fragility of Africa’s Oil Giant

Although it is the largest oil producer in Africa, country has nearly ran out of fuel it needs to power its generators, cars and airplanes over the past week More

Arrested Football Officials Come Mainly From the Americas

US Justice Department alleges defendants participated in 24-year scheme to enrich themselves through corruption of international soccer More