Page 15 - Shutdown Doesn T News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> i think it's looking clear, right? >> reporter: we'll know exactly what the house is going to send back and who will be left holding the bag. >> athea jones reporting live from capitol hill. how would a government shutdown affect you? christine romans is in new york with that side of the story. good morning, christine. >> thank you, carol. i cannot stand the theatrics anymore from washington. let's talk about what's going to happen if there is a shutdown. national parks, museums, zoos, monuments, anything that's free probably is going to be closed because those national parks if you're in a...

It is a skeleton staff, and they will no longer be able to do these loans as a result of a shutdown. but fannie mae and freddie mac guarantee the vast ma jjority o the home loans are funded by fees, and that will keep going. so when you look at the folks watching the real estate market, and the real estate recovery has been tentative and worries of the higher mortgage rates could be slowing the housing recovery and a lot of people are watching this to see if maybe the shutdown is a problem for the recovery at this point. carol? >> well, they have 13 hours the go. we will see what happens. chri...

Accomplishments. but looking at where both sides are right now it's hard to see where the concessions come from, especially because the senate does not appear willing to budge on anything. >> trace: what about -- it's a very good point. what about these 11th hour deals? you see that republicans are huddled right now and they come out of the meeting, they have to say something, do something, to try and at least make the effort or make it look like they're trying to avoid this shutdown. they're trying to be the -- they're at the diplomatic ones, trying avoid this thing. what comes out of this an...

The hours and days up to the possible shutdown, and it was averted. this time we're not going to avert it. >> trace: i was going to mention. they're not talking. there's no negotiation going on right now at all. so you have the house republican members huddling right now and will come up with some strategy. what's the next strategy? what's the next move on their part? >> i think they're going to send another version, as mike was saying, some other version back to the senate so they're replying the ping ping-pong game. it's going to be a nonstarter like the bill that the senate torpedoes. democ...

Determined. he says he has the votes and thinks they will pass this new revamped bill tonight and send it back to the senate. it's futile because the senate is going to turn it down. so we're really at square one. we're at square one and the markets are dropping 140 points today. is it your sense the markets are dropping part and parcel because the government shutdown or other factors weighing on the dow? >> when you look at what specifically markets are looking into when it comes to washington, part of it has to do with the government shutdown. there are sectors going to be affected by this, ...