http://m.bbc.co.uk/news/business-24419564
Current Events from Mrs. Countryman's World History class at Booker T Washington High School for the Performing and Visual Arts
Monday, October 7, 2013
US Government Shutdown Starts Affecting Businesses By Eliana Perez
US Commerce Secretary Penny Pritzkee has warned that businesses are starting to suffer from federal shutdown. Small Businesses Administration is shutdown because of the government. Small and medium businesses who need loan money can't get it because of the shutdown that has taken place. The US government closed non- essential operations on Tuesday after congress failed to agree a new budget. President Obama is refusing to negotiate with the republicans over the budget issue until they pass trmpoary bill to reopen the government . He also wants agreement to raise the $16.7 trillion US harrowing limit, to avoid the country defaulting on its dept.
Subscribe to:
Post Comments (Atom)
It's awful that the government has shutdown, and even worse, that they're practically blackmailing the government too.
ReplyDeleteTerrible that the government shutdown just because they were getting their way while they're setting a great example for our society -_-
ReplyDelete