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Strategies & Market Trends : Beat The Street With SI Traders

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To: Berry Picker who wrote (122312)	9/29/2013 4:45:21 PM
From: Rocket Red	Read Replies (1) of 233893

Congress is leaving itself just one day tomorrow to end a budget stalemate, and without any signs of a breakthrough the risk has dramatically increased for the first government shutdown in 17 years. Enlarge image U.S. House Speaker John Boehner Win McNamee/Getty Images U.S. House Speaker John Boehner attempted to avoid this fight, offering a plan earlier in September that wouldn’t have tied the health law, which has become known as Obamacare, to the extension of government funding. U.S. House Speaker John Boehner attempted to avoid this fight, offering a plan earlier in September that wouldn’t have tied the health law, which has become known as Obamacare, to the extension of government funding. Photographer: Win McNamee/Getty Images Neither chamber was in session today and no negotiations were evident as lawmakers went on the talk shows to blame the other party for the stalemate. Unless differences are resolved, as many as 800,000 federal employees would be on furlough and national parks and Internal Revenue Service call centers probably would close. Air-traffic control and Social Security payments would continue

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