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Both Sides Meeting Behind Closed Doors Today on Gov't Shutdown

WASHINGTON, DC -- It's day eight of a government shutdown. While the stalemate continues, global fears over the looming debt ceiling crises are rising.
WASHINGTON, DC -- It's day eight of a government shutdown and congress is no closer to a solution this morning than it was last week.  But while the stalemate continues, global fears over the looming debt ceiling crises are rising. 

House Republicans will meet behind closed doors this morning to strategize about how they will handle the government shutdown and the looming debt ceiling crisis.

"Over the last 10 days, we've been through quite a bit," claims Rep. John Boehner/(R-OH) Speaker of the House.

Both sides continue to shift the blame.  Speaker Boehner says the president has the power to end the stalemate.
"The president's refusal to negotiate is hurting our economy and putting our country at risk."

But the president says only Congress can approve funding bills...
And he is calling on Boehner to allow a vote on a no-strings attached bill the president believes -has- enough support to pass.
"The reason that Speaker Boehner hasn't called a vote on it is because he doesn't apparently want to see the government shut down end at the moment," the president says.

It's not just the shutdown the two sides are debating.  The government is expected to run out of money to pay its bills on October 17th... unless Congress votes to raise the country's debt limit.

China, America's largest creditor, is calling on the u-s to resolve the political stalemate in order to protect its investments and avoid hurting the global economy.

The Senate has begun work on a new bill to raise the debt ceiling. The first vote could come as early as Friday.

Some Senate Republicans have said they would support a bill to raise the debt ceiling without any attachments.  But senate democrats may not have the 60 votes needed to block a filibuster.


(Susan McGinnis, CBS News)

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