Whatever the impact, however, the shutdown seems unlikely to end for at least several more days — and quite likely another week — as Congress and the White House try to resolve the separate standoff over the government’s borrowing limit. That deadline has far more severe consequences. If Congress does not vote to increase the debt ceiling, the government could quickly be unable to pay its debts. Most economists and business leaders say such a default could trigger another financial crisis.
In interviews on the Sunday morning talk shows, both sides stuck to talking points that they have carefully honed over the past several days: Republicans said they tried to entice President Obama into negotiations, similar to those that took place in 2011, over what he would give them in exchange for ending the shutdown and raising the debt ceiling. Democrats insisted that the GOP tactic, which they liken to hostage taking, is illegitimate and that the House must allow government agencies to reopen and pass a debt ceiling increase before serious negotiations can begin.
Currently, “the path we're on” leads to a default on the government’s debts, House Speaker John A. Boehner (R-Ohio) said on ABC’s “This Week.”
“We’re not going to pass a clean debt-limit increase,” Boehner said, referring to an increase without conditions, which Obama and Senate Democrats have insisted on. “I told the president, there’s no way we’re going to pass one. The votes are not in the House to pass a clean debt limit. And the president is risking default by not having a conversation with us.”
http://www.latimes.com/nation/nationnow/la-na-nn-budget-standoff-20131006,0,3877068.story
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