Republican House Speaker John Boehner says he won’t introduce legislation to finance the government or raise the debt ceiling until Democrats agree to talks about cutting the national debt, which is currently at $16.75 trillion dollars and is growing due to compounding interest the federal budget deficit. The federal budget deficit has shrunk substantially, but the government will still spend about $650 Billion more than it took in this year. Yes, that is an improvement and it is largely due to an increase in government revenue. Boehner also said the U.S. is headed on a path to defaulting on its debts, which is contradictory to the stamen he made last week refusing to let that happen.
For more on this issue, see What To Expect During The Government Shutdown and Government Shuts Down as Congresses Misses Deadline