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Search Tags: debt ceiling
Two weeks into a government shutdown that has hamstrung federal agencies and sent large sections of their employees home without pay, Congress is heading for another last-minute showdown — this time over raising the government's borrowing authority, known as the debt ceiling.
Bloomberg Government's Chris Payne and Cameron Leuthy will talk about the government shutdown and how it is affecting contracting and agency missions.
October 15, 2013
Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell spoke by phone Sunday but failed to agree on a deal to raise the nation's borrowing authority above the $16.7 trillion debt limit or reopen a government still shuttered on its 14th day.
On this week's Capital Impact show, Bloomberg Government analysts discuss how the debt limit and furloughs are affecting the economy, and how a case being reviewed by the Supreme Court, could impact future elections.
October 10, 2013
Tags: acquisition , Treasury Department , debt limit , furloughs , government shutdown , Supreme Court , Federal Election Commission , PACS , Allen Scott , Nela Richardson , Peter Brusoe , Capital Impact , Bloomberg Government
House Speaker John Boehner says Republicans would vote to extend the government's ability to borrow money for six weeks, but the partial government shutdown would continue.
emocrats controlling the Senate plan to move quickly toward a vote to allow the government to borrow more money, challenging Republicans to a filibuster showdown as the time remaining to stop a first-ever default on U.S. obligations ticks by.
A leading set of proposals comes from a House GOP leadership office and was circulating on Washington's K Street lobbying corridor on Monday. It includes a plan to increase pension contributions of federal civilian workers by up to 5 percentage points and lowering the federal match accordingly, which could help defray the deficit by up to $84 billion over a decade.
On this week's Capital Impact show, Bloomberg Government analysts will discuss the summer's employment numbers, and what Congress will be working on this month.
September 12, 2013
On this week's Capital Impact show, Bloomberg Government analysts will discuss what's ahead for Congress, the implementation of Dodd-Frank, and possible changes to Fannie Mae and Freddie Mac.
July 25, 2013
Tags: acquisition , Congress , sequestration , continuing resolution , Affordable Care Act , Dodd-Frank , Fannie Mae , Freddie Mac , budget battle , housing , Allen Scott , Loren Duggan , Cady North , Nela Richardson , Capital Impact , Bloomberg Government