[net-gold] COUNTRIES: UNITED STATES: GOVERNMENT: White House Says Shutdown Would Harm the Economy
- From: "David P. Dillard" <jwne@xxxxxxxxxx>
- To: Net-Gold -- Educator Gold <Educator-Gold@xxxxxxxxxxxxxxx>, Educator Gold <Educator-Gold@xxxxxxxxxxxxxxxx>, net-gold@xxxxxxxxxxxxx, Net-Gold <Net-Gold@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxx>, Net-Gold <net-gold@xxxxxxxxxxxxxxxx>, K-12ADMINLIFE <K12ADMIN@xxxxxxxxxxxxxxxxxxx>, K12AdminLIFE <K12AdminLIFE@xxxxxxxxxxxxxxx>, MediaMentor <mediamentor@xxxxxxxxxxxxxxx>, Digital Divide Diversity MLS <mls-digitaldivide@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxxx>, Net-Platinum <net-platinum@xxxxxxxxxxxxxxx>, Sean Grigsby <myarchives1@xxxxxxxxxxxxxxx>, Net-Gold <NetGold_general@xxxxxxxxxxxxxxxxx>, Temple Gold Discussion Group <TEMPLE-GOLD@xxxxxxxxxxxxxxxxxxx>, Temple University Net-Gold Archive <net-gold@xxxxxxxxxxxxxxxxxxx>, Health Lists -- Health Diet Fitness Recreation Sports Tourism <healthrecsport@xxxxxxxxxxxxxxxx>, Health Diet Fitness Recreation Sports <healthrecsport@xxxxxxxxxxxxxxx>, HEALTH-RECREATION-SPORTS-TOURISM@xxxxxxxxxxxxxxxxxxx
- Date: Wed, 6 Apr 2011 14:59:48 -0400 (EDT)
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COUNTRIES: UNITED STATES: GOVERNMENT:
White House Says Shutdown Would Harm the Economy
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White House Says Shutdown Would Harm the Economy
By MICHAEL D. SHEAR
Published: April 6, 2011
New York Times
http://www.nytimes.com/2011/04/07/us/politics/07fiscal.html
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WASHINGTON The White House warned on Wednesday that a shutdown of the
federal government would threaten the nations fragile economic recovery.
But negotiations over the budget remained stalled amid increasingly sharp
rhetoric from lawmakers in both political parties.
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Administration officials said that nearly 800,000 federal workers would
probably be told to stop working if a deal was not reached in the next two
days. Small business loans would stop. Tax returns filed on paper would
not be processed. Government Web sites would go dark. And federal loan
guarantees for new mortgages would become unavailable.
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Speaking to reporters on a morning conference call, a senior
administration official said the cumulative impact of the shutdown would
have a significant impact on our economic momentum.
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There was little evidence of progress on Wednesday toward a compromise on
the budget for the 2011 fiscal year, which is already more than half over.
President Obama left Washington to hold a town-hall-style meeting on
energy policy in Pennsylvania in the afternoon, and was scheduled to
deliver a speech in New York City in the evening.
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Mr. Obama telephoned the speaker of the House, John A. Boehner of Ohio,
and the Senate majority leader, Harry Reid of Nevada, on Wednesday
morning. Jay Carney, the White House press secretary, told reporters that
Mr. Obama had a "good conversation" with the lawmakers and will call for a
meeting at the White House if he deems it necessary. Mr. Carney said the
negotiations will test whether both sides are willing to do what's
necessary to keep the government operation. But he said that Democrats
have already met Republicans "more than halfway."
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Mr. Boehners aides described the call as a three-minute conversation. They
said Mr. Boehner told the president that he remains hopeful that a deal
could be reached before the governments authority to spend money runs out
on Friday.
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The complete article may be read at the URL above.
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Sincerely,
David Dillard
Temple University
(215) 204 - 4584
jwne@xxxxxxxxxx
http://daviddillard.businesscard2.com
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