Live Breaking News & Updates on December 95|Page 1
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Back to washington and what s happening right now. house republicans say they re working on a proposal to reopen the government and avoid a default, but the white house has already rejected its key points. but this new house effort means senate talks on a potential compromise was simply in a holding pattern. let s look at the big picture. this shutdown here is now the third longest in american history. first one lasted 21 days from december 95 into january of 96. the second longest government shutdown lasted 18 days. that was way back in september and october of 1978. and that brings us to the current shutdown. 15 days and counting. to the white house we go to our senior white house correspondent there, brianna kooeler is standing by. the house democrats are headed ....
i can t imagine it will last very long. i think it could last a few hours or a few days. the last time it happened, back in early 1996, december 95, january 96, it lasted for about 20 days in the previous november, lasted for five days. it could last a few days. but eventually cooler heads will prevail. they ll come up with some sort of way to get the government funded because the consequences are enormous. as bad as the consequences, piers, are right now and they re going to be pretty bad especially if this stays shut for the next several days or weeks, october 17th, the u.s. government has to raise the debt ceili ceiling. otherwise it can t pay its bills and the economic ramifications for millions and millions of americans and people all over the world because the dollar is so important would be more serious. so there s enormous amount at stake right now and cooler heads have to prevail. they have to get their act ....