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Economists: Shutdown Will Shave Half-Percent From Quarterly GDP

Economists: Shutdown Will Shave Half-Percent From Quarterly GDPThe government shutdown has taken a toll on the nation's economy and despite a deal that sidesteps a debt default and restarts the government (at least for a few months), growth forecasts for the last quarter of the year are being scaled back.

Senate Leaders Announce Budget Deal

Senate Leaders Announce Budget DealSenate leaders announced a bipartisan agreement on Wednesday aimed at avoiding a default and restarting the government after House Republicans failed to produce a plan of their own that could pass muster.

Fitch Places U.S. Under Review For A Credit Downgrade

Fitch Places U.S. Under Review For A Credit DowngradeFitch Ratings, one of the big three credit ratings agencies, issued a warning shot today, saying that while it affirmed the United States' AAA credit rating, it was placing it on "rating watch negative."

Grand Canyon And Other National Parks Reopen, On States’ Dime

Grand Canyon And Other National Parks Reopen, On States’ DimeThanks to agreements between the Department of the Interior and several states, a dozen popular national parks are open again, at least temporarily.

Feds To Consider State Funding To Reopen National Parks

Feds To Consider State Funding To Reopen National ParksWith economic impacts mounting and one Utah county threatening to take over national parks, Interior Secretary Sally Jewell says she will "consider agreements with governors" to allow state funding of national parks so that some can reopen to visitors.

Obama: ‘Stop The Excuses. Let’s Take A Vote’

Obama: ‘Stop The Excuses. Let’s Take A Vote’In a press conference that lasted more than an hour, President Obama said he was willing to talk about anything, as long as Republicans reopen the government and raise the debt ceiling, even if its for a short period of time.

Treasury: New Debt-Ceiling Fight Could Derail Economy

Treasury: New Debt-Ceiling Fight Could Derail EconomyThe 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.

John Boehner reports no progress after meeting with Obama

John Boehner reports no progress after meeting with ObamaSpeaker of the House John Boehner, a Republican from Ohio, stepped out of the White House yesterday after a 90-minute meeting with President Obama and reported no progress.

What Shutdown? WWII Vets Ignore Barricades To See Memorial

What Shutdown? WWII Vets Ignore Barricades To See MemorialWith the help of some Congress members and their staff, who distracted police and brought down the barricades, the veterans made their way into the memorial, as tourists cheered.

Senators Announce Bill That Ends NSA Phone Records Collection

Senators Announce Bill That Ends NSA Phone Records CollectionFour U.S. Senators introduced legislation that would end the NSA's bulk collection of Americans' phone records.