Wednesday, March 30, 2011

U.S Government Shut Down Increaslingly Likely

WASHINGTON, March 29 (UPI) -- U.S. House Majority Leader Eric Cantor said Tuesday "time is up" on the budget battle, indicating a government shutdown April 8 is increasingly likely.

Cantor ruled out further stopgap funding measures through additional continuing resolutions.

"I want to see a long-term CR here," The Hill quoted him as saying. "We've got bigger things to deal with. Time is up here."

Without further continuing resolutions, Congress has 10 days to come up with a deal that would fund the government through the end of the fiscal year in September.

"We need to see [Senate Majority Leader] Harry Reid and [Sen.] Chuck Schumer get serious," Cantor told reporters in his Capitol suite. "We need to see the president get involved."

House Speak John Boehner has been equally vocal in criticizing inaction from Democrats. "At no point in the 34 days since the House acted have the Democrats who run the Senate and the White House put forward a credible, long-term plan to resolve their budget mess," Boehner said in statement last week.

The House passed a bill Feb. 19 that would cut more than $60 billion in government spending, but the Senate has yet to act on either the House bill or an alternative from Democrats, who appear bent on driving a wedge between the GOP leadership and the Tea Party caucus.

"I am extremely disappointed that after weeks of productive negotiations with Speaker Boehner, Tea Party Republicans are scrapping all the progress we have made and threatening to shut down the government if they do not get all of their extreme demands," Reid said in a statement Monday, urging "mainstream Republicans" to "stand up to the Tea Party and rejoin Democrats at the table to negotiate a responsible solution."

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