Reuters: Regulatory News: U.S. government shutdown to start after budget negotiations fail

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U.S. government shutdown to start after budget negotiations fail Oct 1st 2013, 04:02 WASHINGTON | Tue Oct 1, 2013 12:02am EDT WASHINGTON Oct 1 (Reuters) - The U.S. federal government was due to start partially shutting down on Tuesday after lawmakers failed to compromise on an emergency spending bill before a midnight deadline. Competing spending measures flew back and forth between the Republican-controlled House of Representatives and Democratic-led Senate late into Monday night, but Congress deadlocked over Republican efforts to use a temporary spending bill as a means to delay implementation of President Barack Obama's landmark healthcare law. It is unclear how long a government shutdown will last. The funding gap will leave some essential functions like national security intact but sharply cut many regulatory agencies, furloughing up to a million federal workers.

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