economy – Page 45 – People's World

Shutdown cost: $24 billion and counting

October 18, 2013 By John Wojcik

The government shutdown may be officially over but its estimated cost of $24 billion to the American taxpayers will continue to rise every day for a long time to come.

Union leaders welcome end of shutdown, lifting of debt limit

October 17, 2013 By Mark Gruenberg

Union leaders welcomed Congress' end of the two-week partial federal shutdown and the decision to suspend the nation's debt limit, thus avoiding what would have been a first-ever default.

Pressure mounts against GOP-led shutdown

October 11, 2013 By John Wojcik

Workers, their unions and lawmakers joined hands Oct. 10 outside the Capitol to demand that Republican House Speaker John Boehner allow a vote on legislation to open the government and raise the debt ceiling.

Cuba: U.S. cows firms on embargo, harms economy

October 11, 2013 By Emile Schepers

For more than half a century the U.S. has severely impeded Cuba's economy, costing the island nation $1,157,327,000, and millions to the U.S. economy, according to a United Nations resolution on the trade embargo.

How does the shutdown and the debt ceiling fight affect you?

October 10, 2013 By Mark Gruenberg

There has been precious little discussion of what the gridlock means to workers and their families outside the Capitol Beltway.