Government shutdown will have an impact, but it's not the end of the world

Published: Wednesday, April 6 2011 4:24 p.m. MDT

In a Washington Post video, reporter Chris Cillizza calls a shutdown a lose-lose situation, and he may prove to be right. According to a Wall Street Journal/NBC poll, fingers are already being pointed at Republicans, Democrats and the president. While that poll places more of the blame on Republicans, an online Wall Street Journal reader poll puts more of the blame on Democrats.

While negotiations in Washington continue, some are saying there are signs of a deal in the works. On Good Morning America, Sen. Chuck Schumer, D-N.Y., said the lack of a meeting at the White House is a good sign.

If (Boehner) can resist (the tea party), not give them their way on everything, I think we can have an agreement, and that is why there is a glimmer of hope, Schumer said. But the tea party has to compromise a little and Speaker Boehner has to tell them that.

Rep. Michele Bachmann, R-Minn., said Wednesday that she firmly believes a deal can be made to avoid a government shutdown. However, she said the blame for a shutdown rests on the Democrats, whose goal is to see government shut down.

On Tuesday, the president said he would not support another resolution, Yahoo News reports.

"That is not a way to run a government," Obama said. "I can't have our agencies making plans based on two-week budgets. I can't have the Defense Department, I can't have the State Department, I can't have our various agencies on food safety and making sure our water is clean and making sure that our airports are functioning, I can't have them making decisions based on two-week-at-a-time budgets."

However, as of Wednesday afternoon, ABC News reports that Boehner said a deal had not been reached between both sides, and that he plans to bring a one-week extension to the floor. The extension would cut $12 billion and would provide funds for the Pentagon for the rest of the fiscal year.

It would be easy to just fold your cards and go home, Boehner said. Thats not what the American people elected us to do. They elected us to cut spending because cutting spending will lead to a better environment for job creators to create jobs. And were going to fight for as many spending cuts as we can get.

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