CNBC's John Harwood reports on the details of a potential budget deal in Washington.» Read More
Kyle Bass of Hayman Capital Management does not believe the country will default but says there's nothing you can do to protect yourself if it does.
A technical default could happen if this isn't resolved by Friday, says Cramer. It reminds him a lot of Lehman.
Mark Patterson, chief of staff to Secretary of the Treasury, says this time the threat to default is very real. Until recently, these fights were civil, but this time, you have a group of people who deny default is a problem.
Rep. Chris Van Hollen (D-MD) says Democrats have been trying to negotiate on the budget since March. However, the President will not negotiate under the threat of default.
Leaders are counting on an economic meltdown to pull Republicans into line, but a broad section of the party says a default poses little threat.
Gary Schlossberg, Senior Economist at Wells Capital Management says markets are becoming more cognizant of the risks in the U.S.
Jim Paulsen, Chief Investment Strategist at Wells Capital Management says the U.S. fiscal drama is not a real crisis and it presents a 'whale of an opportunity' to buy good assets with beaten-down prices.
Four structural factors helped push the U.S. into this government shutdown, and now facing potential default.
The more Wall Street is convinced that Washington will act rationally and raise the debt ceiling, the less pressure there will be on lawmakers.
CNBC's John Harwood reports on the continuing standoff in Washington as both sides of the aisle dig in their heels over the debt ceiling.
Former House Majority Leader Dick Armey praises Speaker Boehner's leadership during the government shutdown.
Discussing non-essential government programs, with Former House Majority Leader Dick Armey, and former Vermont Governor Howard Dean (D).
David Walker, Former U.S. Comptroller General says the U.S. will never default on its debt and that the Treasury should prioritize its debt service payments.
Jon Hilsenrath, The Wall Street Journal correspondent, shares his views on the future of quantitative easing.
Ylan Mui, The Washington Post reporter, shares her views on what's stalling President Obama's nomination as the next Fed head.
Advocates and experts worry that the shutdown will make the already difficult task of luring talented employees to government jobs even tougher.
Rep. Joe Barton, (R-TX) Texas, and Rep. Adam Schiff, (D-CA), discuss the impact of the government shutdown and what it will likely take to reach a compromise.
"We've saw a reversal of position over the weekend by Speaker Boehner," says John Podesta, Center for American Progress, discussing whether the Speaker is "being pushed" by the far right over the budget standoff. And Barry Knapp, Barclays, weighs in on the economic impact of a shutdown.
John A. Boehner said the House would not vote to reopen the government without compromises on the health law.
CNBC's John Harwood has the latest detail on the government shutdown as Congress grapples with the greater challenge of reaching an agreement on raising the debt ceiling before the October 17th deadline if the nation is to avoid defaulting on its debt.