Obama hosts bi-partisan meeting on financial reform in Washington
House Majority Leader Steny Hoyer, D-MD, Senate Majority Leader Harry Reid, D-NV, and Speaker of the House Nancy Pelosi, D-CA, (L to R) speak to the media at he White House after a bi-partisan meeting with U.S. President Barack Obama regarding financial reform in Washington on April 14, 2010. UPI/Roger L. Wollenberg
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Republican budget hard-liner Sen. Ted Cruz, R-Texas, Sunday said it was not unreasonable for Congress to use the debt ceiling as leverage for spending cuts.
Shutting down the U.S. government was only the first salvo in what promises to be an ugly battle in coming days over both the debt ceiling and the 2014 fiscal budget.
A member of Congress said Saturday the U.S. government shutdown could be resolved by passing a budget and raising the federal debt limit in one move.
The White House said Friday the government shutdown is harming the Treasury Department's ability to administrate sanctions against Iran.
U.S. House Speaker John Boehner, R-Ohio, has told colleagues he will allow a House vote on raising the federal debt limit, GOP House members said Thursday.
U.S. House Speaker John Boehner, R-Ohio, said President Barack Obama told congressional leaders at a White House meeting Wednesday "he will not negotiate."
U.S. President Barack Obama, as much as House Republicans, shut down the federal government. He isn't willing to compromise on just about any issue, leaving the GOP with no other options.
House Republicans' attempt to narrow the government shutdown by funding some U.S. agencies failed Tuesday when Democrats refused to go along.
A federal judge has sentenced a Nevada lawyer to two years in prison for making illegal campaign contributions to Sen. Harry Reid.
The reason for government's closure -- Obamacare -- isn't affected even though employees won't get paid and national parks won't be open, President Obama said.
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