Page 14 - Shutdown Doesn T News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Pressure on the other stuff to get the deal done. >> thank you, congressman. appreciate it. home buyers who have applied for fha-backed loans will have to put the plans on hold if there is a government shutdown. christine romans is in new york with more on that. >> yes, that is right, carol. these are fha-backed loans and if you haven't had that endorsement yet from the fha, you have to wait until after the shutdown is over. let me tell you exactly what we are talking about, fha-backed loans which are 45% of all mortgages last year and comes out to 60,000 a month, and so perhaps some 60,000 ...

Carol. rest assured congress will be paid even though congress has not done its job and could be putting us on the brink of a shutdown. look at other services here that are incredibly important, federal courts can remain open for ten days, enough operating functions for that, passport offices unless they're in a federal office building passports, visas will be issued. air traffic control, border protection, key parts of the department of defense, the power grade will be maintained, all are still opened. there's something called mandatory spending, social security, medicare, medicaid, food stam...

>> if i ran my house the way the government is running the country i'd be bankrupt. >> pass the budget and pass the debt limit, you've made your point. let us keep improving the economy. don't play games anymore, please. >> soldier also start receiving those ious come mid-october. many of you want to see congress get its act together and pass a bill to keep the government running. john king breaks down the latest cnn/orc poll numbers on the gridlock in washington. >> first and foremost, there is no question the american people think this is a bad idea to have that shuttown clock run to zero....

This is about fairness. he has given exemptions for delays for big business, special interests, and even congress. i mean, what about fairness for the american people? this is about fairness. why should the average middle-class american be, i mean, subjected to the enactment of this? >> it will hurt the average middle-class americans the most. >> harry reid wants the government to shutdown, and no republican is advocating for it. >> and everyone is saying that known wants it to shutdown, and if the tea party has 22% of the support of the american people, how it is representing a larger portion...

If they can't get this reinvolved today. mark zandi from moody's agrees you could see $ 00 million of economic activity vanish every day and it will get magnified as the shutdown goes on. carol, if this goes on for three or four weeks you could cut economic growth in half, that's not good for anybody. >> christine romans i know you'll be keeping an eye on things, we appreciate it. more on the government shutdown in a minute but first checking other top stories at 47 minutes past the hour. how successful is bp at stopping the gulf oil spill and how much oil was released? those questions are the...