Originally published on Thu October 3, 2013 3:30 pm
The Treasury Department is issuing a warning of dire economic consequences that could rival the Great Recession if Congress is unable to agree on raising the debt ceiling and the nation defaults on its obligations.
First there was the attention paid on Tuesday when a group of WWII veterans (with some help from Republican members of Congress and their staffs) ignored barricades and went through with their long-planned visit to the site.
Good morning, fellow political junkies. As we enter Day 3 of the federal government shutdown, the impasse appears no closer to a solution. Nothing like a way forward seemed to come from President Obama's White House meeting Wednesday evening with congressional leaders.
But, then, we didn't expect much from it since the president's people said he wouldn't be negotiating.
"A ship carrying African migrants to Europe caught fire and capsized off the Italian island of Lampedusa on Thursday, killing at least 94 people as it spilled hundreds of passengers into the sea, officials said. Over 150 people were rescued but some 200 others were still unaccounted-for."