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Two weeks into a government shutdown that has hamstrung federal agencies and sent large sections of their employees home without pay, Congress is heading for another last-minute showdown — this time over raising the government's borrowing authority, known as the debt ceiling.
Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell spoke by phone Sunday but failed to agree on a deal to raise the nation's borrowing authority above the $16.7 trillion debt limit or reopen a government still shuttered on its 14th day.
On this week's Capital Impact show, Bloomberg Government analysts discuss how the debt limit and furloughs are affecting the economy, and how a case being reviewed by the Supreme Court, could impact future elections. October 10, 2013
House Speaker John Boehner says Republicans would vote to extend the government's ability to borrow money for six weeks, but the partial government shutdown would continue.
On this week's Capital Impact show, Bloomberg Government analysts will discuss the summer's employment numbers, and what Congress will be working on this month. September 12, 2013
On this week's Capital Impact show, Bloomberg Government analysts will discuss what's ahead for Congress, the implementation of Dodd-Frank, and possible changes to Fannie Mae and Freddie Mac. July 25, 2013
Michael Nelson talks about a Bloomberg Government study on the issues surrounding big data. Anthony Robbins of Brocade Communication discusses IT reform. Fedlink Executive Director Blane Dessy discusses how expanding his program will help cut government costs. Alex Bolton of The Hill newspaper fills us in on Congress' plans to solve the debt ceiling crisis.
Cindy Auten of the Telework Exchange talks about a new report on BYOD. Robert Khuzami explains why he is stepping down as the SEC's enforcement director. Peter Schroeder of The Hill newspapers discusses the looming debt-ceiling showdown.
New version of sequestration would reduce overall tab to DoD but compress across-the-board cuts into just seven months. A leading-think tank's "back of the envelope" calculations show the military would have to furlough almost every civilian.
Brian Friel of Bloomberg Government told The Federal Drive with Tom Temin and Emily Kopp Congress' latest piece of legislation both delays sequestration and reduces its potential effect.
Micro Focus\' Tod Thompkins, joins host John Gilroy to talk about launching and maintaining complex IT systems, in the age of austerity. October 25, 2011
It\'s showtime for Congress, the White House and members of the federal family. Odds are, Senior Correspondent Mike Causey says, you are not going to like what you see and hear for the next couple of weeks.
A new bill would protect military pay even if the government defaults because Congress doesn\'t authorize an increase to the government\'s debt ceiling. Rep. Steve King (R-Iowa), who co-sponsored the Payment Reliability for our Obligations to Military and Investors to Secure Essential Stability, or PROMISES Act, discussed the bill with Federal News Radio.
The two largest federal unions are urging feds to stand up against proposed cuts to federal pay and retirement by calling Congressional leaders and rallying in New York. Last week, 21 federal unions sent a letter to Treasury and OMB demanding to know what would happen to federal employees should Congress and the White House fail to raise the debt ceiling but got no response.