Wednesday, April 6, 2011

Battle over the budget: Agree on the expenses or shut the doors

Congress and the President are working against the clock to agree on a budget for the government to finish out the current fiscal year because the current spending authorization measure expires at midnight this coming Friday.

Alan Silverleib and Tom Cohen of CNN news report that the Democrats and the Republicans failed to reach an agreement on Wednesday, and failure to enact a new spending bill would shut down all but the most essential government services after 12 midnight on April 8.

President Obama called a meeting with the leaders of both parties to discuss the matter after leaders from both political parties and budget negotiators failed to agree on the size and scope of budget cuts that should be put in place for the remainder of the fiscal year.

Cohen lists s few of the services that would continue to operate, but the total number of government employees that would be asked to stay home could total over 800,000.

Included in the list of those not receiving a paycheck are all military personnel at home as well as in the war zone, who would be required to continue with their duties without pay.

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