Day 8 Of Partial Government Shutdown, Possible Compromise On Hor - Northern Michigan's News Leader

Day 8 Of Partial Government Shutdown, Possible Compromise On Horizon

Posted: Updated:

It's the 8th day of the partial government shutdown, and the bickering continues.

But, there may be a compromise on the horizon.

House Speaker John Boehner said Tuesday the way to resolve differences over the budget and debt ceiling is to sit down and have a constructive conversation.

Boehner said there has never been a president who wouldn't negotiate on the debt limit.

It also appears there is enough votes in the House to re-open the federal government, but it's unclear when that vote will happen.
President Obama held a news conference Tuesday, answering questions from reporters for more than an hour.
What he had to say was not much different than what he has been saying for the last few weeks.
The President continues to call for a spending bill that would reopen the government.
But republicans want a bill tied to a provision that would delay the Affordable Care Act.
The President said he is willing to negotiate and hold discussions on any issue after the government has been reopened.

China, which is America's largest creditor, is calling on Congress to resolve the stalemate to protect US investments, and avoid hurting the global economy.

The next brewing crisis is raising the debt ceiling limit. Essentially extending the nation's credit to pay back what we've already spent.

The deadline to raise the limit is October 17th.

If Congress can't agree on that issue, many economists say the country could head toward another recession.
  • Most Popular StoriesMost Popular StoriesMore>>

  • Drug Teams Arrest Two on Drug Charges in Missaukee County

    Drug Teams Arrest Two on Drug Charges in Missaukee County

    Friday, August 29 2014 5:17 PM EDT2014-08-29 21:17:27 GMT
    Investigators found a 4-year-old child living in a Missaukee County home where they suspect meth was being made.
    Investigators found a 4-year-old child living in a Missaukee County home where they suspect meth was being made.
  • Amazing Northern Michigan Homes: Empire Peninsula Home

    Amazing Northern Michigan Homes: Empire Peninsula Home

    Thursday, August 28 2014 5:00 PM EDT2014-08-28 21:00:24 GMT
    If you're looking for a home that brings you back to nature, this is it. This custom designed home has 360 degree water views, nearly every window looks out directly into beautiful, spring-fed Pearl Lake in Empire.
    If you're looking for a home that brings you back to nature, this is it. This custom designed home has 360 degree water views, nearly every window looks out directly into beautiful, spring-fed Pearl Lake in Empire.
  • No Swimming Advised at Benzie County Beach

    No Swimming Advised at Benzie County Beach

    Thursday, August 28 2014 1:00 PM EDT2014-08-28 17:00:46 GMT
    The Benzie-Leelanau District Health Department says beach goers should not swim at Beulah Beach on Crystal Lake.
    The Benzie-Leelanau District Health Department says beach goers should not swim at Beulah Beach on Crystal Lake.