The Effects of a Government Shutdown and What Could Prevent It
Washington's battle over the budget has intensified as the March 4th deadline for an agreement nears. Democrats over the weekend signaled a willingness to accept a stop-gap measure offered by Republicans. If approved, it would keep the government operating until mid-March. But the underlying conflict would remain. Republicans want $61 billion in spending cuts, which Democrats believe are too severe and would hurt economic recovery efforts. Complicating prospects for a longer-term solution are tea party lawmakers. They say even the Republican plan does not go far enough. The budget showdown.
resident scholar at the American Enterprise Institute and coauthor of "The Broken Branch: How Congress Is Failing America and How to Get It Back on Track."
national correspondent, The Wall Street Journal.
senior fellow, Bipartisan Policy Center; former secretary of agriculture under President Bill Clinton; former Democratic congressman, representing Kansas.
president and CEO of FreedomWorks and co-author with former House Majority Leader Dick Armey of the book, "Give Us Liberty: A Tea Party Manifesto."