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Europe minds the U.S. government shutdown

Apr 7, 2011
The BBC's Rebecca Singer explains why economists and investors are watching the U.S. budget situation closely.
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A federal shutdown has economic consequences

Apr 7, 2011
If the government closes for just a few days, the economic effect amounts to a bad blizzard. If it lasts longer, it could affect the fragile economic recovery.
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Shutdown boils down to essential vs.non-essential programs

Apr 6, 2011
As the government faces a potential shutdown over failing budget negotiations, federal employees are being divided into two camps: essential and non-essential.
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What a government shutdown means for the economic recovery

Apr 6, 2011
The ongoing budget standoff on Capitol Hill means a shutdown of the federal government could be on the way. Economist Diane Lim Rogers explains what a government shutdown would mean for the economic recovery.
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Possible government shutdown threatens Tax Day, foreign aid

Apr 6, 2011
As the clock winds down on negotiations to avoid a government shutdown, agencies like the IRS and programs that provide foreign aid wait to see how a shutdown would affect operations.
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Fiscal year 2011 budget tussle continues

Apr 5, 2011
Congressional leaders are moving closer to cutting $33 billion. As part of that, they would cut mandatory federal government programs to avert a government shutdown.
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Government transparency websites targeted in budget cuts

Apr 4, 2011
Many websites that offer platforms for transparency in government could facing the chopping block as politicians debate budget cuts.
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Obama announces re-election campaign

Apr 4, 2011
In his announcement video and email, President Barack Obama kicks off a fundraising effort some have predicted will be the first billion-dollar campaign.
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Some lawmakers push budget amendments to clip EPA power

Apr 4, 2011
They argue EPA regulation of carbon emissions will lead to job losses. And the White House is no longer taking a strong stand on limiting carbon emissions.
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Biden: $33 bil. in cuts could stop government shutdown

Mar 31, 2011
Vice President Joe Biden and Senate Democrats agreed to a $33 billion in cuts from the current budget to avoid a government shut down. But is it enough for Republicans?

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