Congress Postures, Pretends at Governing as Markets Sink

Altman, Alex
October 2013
Time.com;10/10/2013, p1
The article discusses activities in the U.S. Congress in response to the October 2013 federal government shutdown and dispute over increasing the U.S. debt ceiling. Senate Majority Leader Harry Reid summoned a Senate quorum and introduced legislation to increase the debt ceiling through November 2014, while Republicans in the House of Representatives proposed a bill to form a bipartisan bicameral budget committee. The negative impact of failed negotiations on financial markets is also noted.


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