Let's turn now to a House Democrat for reaction on the deal. Democratic Representative Steve Israel of New York is on the line. Good morning, Congressman.
REPRESENTATIVE STEVE ISRAEL: Good morning. How are you?
MONTAGNE: Fine. Thank you very much. Now, let's just move forward in time. Democrats said they would negotiate once the government reopened and the debt ceiling was raised. Both of those done. Are you ready for serious budget negotiations?
By wide margins in both the House and the Senate, Congress voted Wednesday night to end a 16-day partial government shutdown. The measure also delays the debt ceiling deadline until early February. House and Senate Budget committees have until Dec. 13 to reconcile competing budgets.
OK, with the government funding and debt ceiling deal now reached, passed and signed, government agencies are set to reopen. But don't expect all federal offices to take your calls just yet. NPR's Brian Naylor reports.
BRIAN NAYLOR, BYLINE: University of Alabama geologist Samantha Hansen has been conducting a research project in Antarctica that, in one way, is like most everything else, funded by the federal government. After 16 days down, it's going to take some time to restart.
We have been reporting for several weeks now on small businesses in America. Today, we explore a business system where entrepreneurs and corporations come together: franchising. Franchising is a bit like marriage. It takes a good long-term relationship to succeed.
I have a story on All Things Considered Wednesday (click on the audio link above to hear it) about the campaign to put labels on food containing genetically modified organisms, or GMOs. The idea is gaining ground in the Northeast — Maine and Connecticut passed labeling laws this summer, though they won't take effect unless more states do the same. And GMO labeling is on the ballot this November in Washington state.
On Wednesday, the stock market cheered the debt ceiling deal in Congress. The Dow gained 206 points and all the major indexes closed higher.
Investors of course have been watching the showdown in Washington very closely, since a default could have been a global financial disaster. At the same time, economists are trying to figure out how much the jitters and uncertainty over all this has been hurting the economy.
Originally published on Wed October 16, 2013 4:48 pm
If you hit the drive-through, chances are that the cashier who rings you up or the cook who prepared your food relies on public assistance to make ends meet.
A new analysis finds that 52 percent of fast-food workers are enrolled in, or have their families enrolled in, one or more public assistance programs such as SNAP (food stamps) Medicaid or the Children's Health Insurance Program (CHIP).