Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Isis (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

White House Warns of Shutdown Consequences ... thanks Empress

% of readers think this story is Fact. Add your two cents.


The White House Office of Management and Budget warned Wednesday that a failure by Congress to appropriate money to fund the federal government before midnight on Friday would have a direct impact on the economy.

Article found HERE April 6, 2011 at 12:58 PM EDT

White House Warns of Shutdown Consequences

By: Quinn Bowman

According to a senior administration official, approximately 800,000 federal workers could be furloughed, members of the military would not receive paychecks (but still earn pay) and all national parks and the Smithsonian museums would be closed, among other consequences.

OMB was quick to point out the immediate economic impact of a possible shutdown, specifically that the Internal Revenue Service would suspend processing of paper-filed tax returns, the Small Business Administration would suspend approval of direct small business loans and loan guarantees, and that the Federal Housing Authority would halt new loan guarantees.

Only federal services that are “necessary for the safety of life and protection of property” would remain operating under a shutdown situation, according to the official. Washington’s popular Cherry Blossom parade would also not happen this weekend, the official added.

The warning comes as leaders in Congress are running out of time to agree on a short-term spending measure to keep the government funded until October 2011. House Speaker John Boehner, R-Ohio, and Senate Majority Leader Harry Reid, D-Nev., met with President Obama at the White House yesterday to discuss how to come to an agreement, and afterward Reid and Boehner met again in Boehner’s office in the Capitol.

President Obama also spoke with Boehner Wednesday morning. Boehner told the president that the goal of the House was to prevent a shutdown while also making real spending cuts, and that he is hopeful a deal can be reached and that talks would continue, according to Boehner’s office

Separating the two sides is approximately $30 billion – House Republicans want to cut $61 billion from current spending levels, while Democrats in the Senate and White House have proposed about $33 billion in cuts.

The House Republican Conference is planning to meet at 2 p.m. Wednesday in the Capitol with Speaker Boehner. The results of that meeting, with the deadline just two days away, could give an indication as to whether a last-minute deal is possible.



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.