Survivalist News Network

Scrooge Saturday: 1.3 million Americans to lose emergency jobless aid

Congress went on holiday recess without extending an emergency federal aid program to America’s unemployed, set to expire on Saturday, leaving over one million people in economic dire straits.

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Obama blasts Republicans, blames GOP for shutdown during White House address

000_was7961561_siIn an address from the White House Rose Garden Tuesday afternoon, President Barack Obama blamed Republican lawmakers for triggering the first government shutdown in nearly two decades.

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Big deal, EU, Economy, Employment, G8, Politics, USA

5us-debt-default-treasury_siThe US government default caused by the ongoing budget standoff in the Congress could have a “catastrophic” effect on the country’s economy, which would be felt for decades, the Treasury Department said in report.

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