Government shutdown: day 3 ?>

Government shutdown: day 3

Compared to the past two days-worth of news out of Washington, today has been quiet. The rhetoric remains pointed as each party blames the other for the government shutdown. A meeting at the White House last night between President Obama and the leaders of both parties in both houses of Congress yielded no progress.

Some prognostications about the length of the shutdown have it stretching to two to three weeks. Why is this? The debt ceiling needs to be raised by Oct. 17, and it seems unlikely that the U.S. House and Senate will want to haggle over two separate fiscal debates in quick succession. Rather, a resolution to the government shutdown will likely also include language about raising the debt ceiling.

As a reminder, the National Institutes of Health and the National Science Foundation have posted notices to their extramural grantees regarding activities under the shutdown. Grant applicants are encouraged NOT to submit grants during the shutdown, and no grant reviews will be conducted.

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