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federal budget - Page 4

wall street
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Stocks Rise Amid Debt Ceiling Talks

Stocks rose Monday, helped by signs that Washington was moving closer to a deal that would avert a default by the U.S. government.

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Senate Minority Leader Mitch McConnell (R-KY)
Andrew Burton, Getty Images
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Reid, McConnell Optimistic On Debt-Shutdown Deal [VIDEO]

After weeks of stubborn gridlock, the Senate's top two leaders raced to reach an agreement Monday that could head off a first-ever U.S. Treasury default threatened for midweek and end the 14-day partial government shutdown.

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President Barack Obama (C) helps bag sandwiches with furloughed federal workers Health and Human Services
President Barack Obama (C) helps bag sandwiches with furloughed federal workers Health and Human Services (T.J. Kirkpatrick-Pool/Getty Images)
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Obama, Congressional Leaders To Meet Monday

President Barack Obama will meet with bipartisan congressional leaders at the White House Monday afternoon but says a default is a good possibility while Senate leaders say they are close to a deal.

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President Barack Obama (C) helps bag sandwiches with furloughed federal workers Health and Human Services
President Barack Obama (C) helps bag sandwiches with furloughed federal workers Health and Human Services (T.J. Kirkpatrick-Pool/Getty Images)
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Obama, Congressional Leaders To Meet Monday

President Barack Obama will meet with bipartisan congressional leaders at the White House Monday afternoon but says a default is a good possibility while Senate leaders say they are close to a deal.

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New York Stock Exchange
Spencer Platt, Getty Images
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Stocks Fall As Budget Talks Falter In Washington [VIDEO]

Stocks are opening lower on Wall Street after a breakdown in budget talks brought the nation closer to a potentially disastrous default on its debt.

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Senate Majority Leader Harry Reid (D-NV) leaves the Capitol building
Senate Majority Leader Harry Reid (D-NV) leaves the Capitol building (Andrew Burton/Getty Images)
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Default Looming, Day 14 Of Shutdown, No Solution

The United States moved perilously closer to an economy-rattling default and a partial government shutdown entered its third week as Senate Democratic and Republican leaders remained at odds over spending in their last-ditch negotiations to end the crises gripping the nation.

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Senate Majority Leader Harry Reid (D-NV) leaves the Capitol building
Senate Majority Leader Harry Reid (D-NV) leaves the Capitol building (Andrew Burton/Getty Images)
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Reid, McConnell Still At Odds Over Budget [VIDEO]

Senate leaders hit a snag today in their efforts to end a political stalemate that has idled over 350,000 federal workers and presented the country with the threat of a debt default.

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A woman cheers at a rally centered around reopening national memorials closed by the government shutdown, supported by military veterans, Tea Party activists and Republicans
A woman cheers at a rally centered around reopening national memorials closed by the government shutdown, supported by military veterans, Tea Party activists and Republicans (Andrew Burton/Getty Images)
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Senate goes into Sunday session

Members of the Senate are working today, and a floor session is scheduled even as the party leaders work behind the scenes on proposals for ending a budget stalemate that has left the government partially closed for a 13th day.

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Tourists pose for pictures during a visit to the Statue of Liberty after it was reopened on Sunday
Tourists pose for pictures during a visit to the Statue of Liberty after it was reopened on Sunday (Kena Betancur/Getty Images)
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Statue Of Liberty Reopens Amid Federal Shutdown

Lady Liberty was once again welcoming visitors to her shores Sunday after the state agreed to shoulder the costs of running the famed statue during the federal government shutdown.

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Senate Majority Leader Sen. Harry Reid (D-NV) speaks at a press conference regarding continuing attempts to end the government shut down
Senate Majority Leader Sen. Harry Reid (D-NV) speaks at a press conference regarding continuing attempts to end the government shut down (Andrew Burton/Getty Images)
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Senate Leads Hunt For Shutdown And Debt Limit Deal [VIDEO]

Racing the calendar and the financial markets, Senate leaders have taken the helm in the search for a deal to end the partial government shutdown and avert a federal default.

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