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Stock market stalls as federal budget talks hit the wall

U.S. stock markets closed deep in the red Tuesday as politicians in Washington remained deadlocked over a deal to reopen the government and avoid default on its debts. The Dow Jones Industrial Average shed 133.25 points (0.87 percent) at 15,168.01. The broader S&P 500 fell 12.08 (0.71 percent) to 1,698.06,…

WATCH: Police arrest 8 members of Congress at D.C. immigration reform rally

Eight members of Congress were among the more than 150 people arrested Tuesday during an immigration rally at the U.S. Capitol, according to the Associated Press and the group Center for Community Change. Thousands of protesters gathered at the National Mall to urge Congress to pass comprehensive immigration reform with…

House Republicans silence Rep. Grayson after he cites poll comparing them to ‘dog poop’

Rep. Alan Grayson (D-FL) found himself on Tuesday being added to the list of things that had been shut down because of Republicans in Congress. During a speech on the House floor to call for a vote on a resolution that said Congress’ “dignity” had been impugned by the government…

Congress keeps its ‘essential’ private gyms open during shutdown

As the Republican-led shutdown of the federal government grinds into its second week, reports surfaced Tuesday that the taxpayer-supported private gyms that are provided for members of Congress have maintained their regular operating hours. Judd Legum at Think Progress reported Tuesday that while kids with cancer, underprivileged schoolchildren and the…

Here are the consequences of first government shutdown in 17 years

The US government shut down Tuesday for the first time in 17 years after a gridlocked Congress failed to reach a federal budget deal amid bitter brinkmanship. Some 800,000 federal workers have been furloughed in a move reminiscent of two previous shutdowns — for six days in November 1995 and…

What happens if the U.S. government shuts down?

A US government shutdown is looming. Congress is struggling to pass a stopgap budget measure that would keep the doors open beyond the fiscal year, which ends at midnight September 30. But with congressional bickering in full swing, and the deadline less than four days away, there is increasing anxiety…

Treasury Secretary explains: The debt ceiling only allows U.S. to pay for spending Congress has already approved

Treasury Secretary Jacob Lew warned Wednesday the US government will have no more flexibility to juggle spending and meet its obligations after October 17, under a statutory debt cap. Lew told Congress that, after months of maneuvers to meet government commitments without added borrowing, those “extraordinary measures” will be exhausted…

Senate Leader Harry Reid: There’s no filibuster going on now

The US Senate faces a Sunday showdown over whether to keep government running, but bickering over President Barack Obama’s signature health care law is bringing federal agencies dangerously close to a shutdown. A fractured Congress is struggling to approve a stopgap spending bill that keeps government doors open after the…

Pentagon warns soldiers they might not be paid on time because of Congress

The Pentagon warned its workforce on Monday that it is preparing for a possible government shutdown if Congress fails to break a political impasse. If US government agencies are forced to shutter, American troops around the world would stay on the job and some civilian employees would be ordered on…

War on Science continues: plan to create science laureate falters in Congress

What began as a seemingly nonpartisan proposal to name an honorary unpaid Science Laureate of the United States in the same vein as the US Poet Laureate has fallen on the rocks of partisan rancor in Washington. The Senate version of the bill was sponsored by Senators Mazie Hirono (D-HI)…

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