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So far, voters are blaming Republicans for government shutdown

A new poll shows most voters blame Republicans for the government shutdown that went into effect overnight. According to a poll released Tuesday morning by Quinnipiac University, 55 percent of voters say gridlock in Washington was caused by Republicans who are determined to block any initiative by President Barack Obama,…

European markets so far unfazed by U.S. government shutdown

Europe’s main stock markets were mixed at the start of trading Tuesday with investors unfazed by a U.S. government shutdown. London’s benchmark FTSE 100 index dipped 0.06 percent to 6,458.37 points, the CAC 40 in Paris grew 0.16 percent to 4,150.04 points and Frankfurt’s DAX 30 rose 0.28 percent to…

Dollar weakens as U.S. government shuts down

The dollar fell in Asia on Tuesday as the United States lurched into its first government shutdown in 17 years due to a budget standoff. The greenback bought 98.16 yen in Tokyo afternoon trade after U.S. lawmakers missed a midnight deadline to avert the shutdown, down from highs of around…

WATCH LIVE: Obama addresses government shutdown standoff

President Barack Obama is expected to deliver a statement concerning federal lawmakers’ negotiations on a bill that will fund the government at 4:45 p.m. EST. Watch live, as posted by the White House official live-stream, below. JOIN THE LIVE CHAT VISIT WHITEHOUSE.GOV [Image via Agence France-Presse]…

Don’t fall prey to ‘both sides-ism’: Republicans are to blame for government shutdown

There is a frustrating tendency in American political reporting to adopt a position of “both sides-ism” – as in, “both sides” are equally to blame for the nation’s chronic political dysfunction. Sometimes, it must be said, this assessment is correct. After all, the US political system was practically designed to…

Elizabeth Warren compares compromise on government shutdown to negotiating with hostage takers

A Democratic senator said she hopes her colleagues won’t break ranks and delay the new health care reform law to avoid a government shutdown. “We’ve had a referendum on that, so we can keep debating it from the floor of the Senate, but you don’t get to hold the entire…

Economists agree: Government shutdown will hurt economic growth

The shutdown of the US government will hit an an economy struggling to sustain its post-crisis rebound, but economists say the impact will only be substantial if it lasts weeks. There was no compromise in sight Monday that could prevent an impasse over a stopgap budget bill from forcing a…

Progressives target McConnell and Boehner over government shutdown

In a statement released Monday, the Progressive Change Campaign Committee said would launch a series of online ads in Kentucky, Ohio, and Washington D.C. targeting Republican Senate Minority Leader Mitch McConnell and Republican House Speaker John Boehner over the looming government shutdown. They aim to have the ads viewed 1…

Conservative radio host urges GOP to ‘Screw the stock market!’ and shut down government

Conservative radio host Mark Levin recently suggested that Republicans should move forward with a government shutdown and “screw the stock market.” On his radio show last week, Levin expressed frustration with media reports that a government shutdown could hurt the economy. “Not once have a seen a news report on…

WATCH LIVE: Senate reconvenes as government shutdown looms

The Democratic-controlled U.S. Senate on Monday will consider a House bill that funds the governments but delays the Affordable Care Act. Watch live video, courtesy of NBC News, below:…

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