Veterans Affairs Secretary Eric Shinseki testifies on Capitol Hill in April.
Credit Evan Vucci / AP
Veterans Affairs Secretary Eric Shinseki warned lawmakers on Wednesday that the partial government shutdown means that about 3.8 million veterans will not receive disability compensation next month.
Shinseki, in testimony before the House Committee on Veterans' Affairs, said pensions to more than half a million vets or surviving spouses will also be derailed if the stalemate over a temporary spending measure drags on into late October.
President Obama gets some support outside the White House, Oct. 8, 2013.
Credit JEWEL SAMAD / AFP/Getty Images
Good morning, fellow political junkies. It's Day 9 of the partial federal government shutdown. Global financial markets at this point still appear to expect sanity to eventually prevail in the Washington fiscal standoff. We'll have to see if they're right.
The day's big news is expected to be President Obama's choice to head the Federal Reserve of the candidate thought to be his second choice since his first proved politically problematic.
Here are some of the more interesting politically related items that caught my eye this morning.
Steve Inskeep talks to syndicated conservative columnist George F. Will about the current partial government shutdown, and whether the strategies pursued by both sides are any different from previous such crises.
President Obama traded barbs with Republican House Speaker John Boehner on Tuesday, but there was no sign that Congress is any closer to re-opening the federal government. At a news conference, Obama warned that the whole world is watching. It is, and so far the reviews aren't good.
The White House says President Obama will nominate Janet Yellen as the new head of the Federal Reserve Board. She has been a key player in the Fed's efforts to bring the economy back from the Great Recession. If confirmed, she would succeed Ben Bernanke.
President Obama made his case for reopening the government and raising the debt ceiling at a White House news conference Tuesday afternoon. It was his first news conference in several weeks. House Speaker John Boehner spoke at the Capitol for about five minutes.
The Treasury Department says it will begin running out of money to pay its bills by Oct. 17, if the partial government shutdown isn't over by then. That prospect worries the financial markets. Treasury debt plays a fundamental role in the global economy, and economists agree that a debt default would have dire consequences. But some Republicans insist that a default doesn't have to happen.
Cory Booker, the celebrity mayor of Newark, N.J., was expected to cruise to victory in the special election to fill the U.S. Senate seat of the late Frank Lautenberg. But just a week before voters go to the polls, he's facing a surprisingly strong challenge from Tea Party favorite Steve Lonegan.
The race was supposed to be a mismatch: Booker, the Democrat, and his 1.4 million Twitter followers versus the Republican former mayor of Bogota, N.J. — population 8,000.