Harry Reid dares the House to shut down the US government

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US Senate majority leader Harry Reid says the Republican-controlled House will have the choice of either passing a funding bill with no add-ons or shutting down the government.

negotation

Author: Adam Button

Adam Button is the managing editor of ForexLiveâ„¢. He was previously the chief currency strategist at XForex and has also worked with Intermarket Strategy. Adam believes there's an edge in knowing every tidbit of news. He was formerly the head of the markets team at the Canadian Economic Press and is a graduate of Ryerson University. Adam lives in Montreal, follow him on Twitter: @FX_Button.

4 Comments

  1. Thanks for the update, Adam!

  2. Dirty Harry ,at the congress OK corral. Translation-Harry way or the highway.

  3. Harry Reid just might get called.
    When the only opposition branch of US government is a minority they really have nothing to lose by voting what their constituents put them in office to do.
    The only way is up from the bottom and that is where the Republican party and the conservative house members are at.
    What do they have to sacrifice the liberal vote? The House gains respect and will get reelected for being opposed to Big government, Big spending.

    This is more like Gary Cooper and High Noon
    ” Do not forsake me, oh my darlin’
    On this, our wedding day,
    Do not forsake me, oh, my darlin’
    Wait; wait alone.
    I do not know what fate awaits me,
    I only know I must be brave.
    For I must face a man who hates me,
    Or lie a coward, a craven coward;
    Or lie a coward in my grave.”

    The heat is on.

  4. More than likely, the Republicans will compromise. While many of them have been elected on ‘shrink the government’ type platforms, unfortunately they know what too many of their more ignorant constituents don’t realize: how much a government shutdown and or a default would damage those very constituents. If they shut ‘er down, some of the constituents that sent them there to do just that are not going to happy campers. Maybe a good thing in the end if they do shut ‘er down for awhile, so some of the most extremist talk will be forced to stare its own reality in the face.

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