Here Comes the Shutdown, Plus 5 More Things You'll Want to Know Today

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Boehner Beset By Obamacare Foes In Race To Stave Off Shutdown
Getty ImagesHouse Speaker John Boehner
• In Washington's budget showdown, both sides are sticking to their guns. On Sunday, the Republican-controlled House passed a budget bill that delays funding for Obamacare and repeals a tax on medical devices, despite certainty that the Democrat-led Senate will strip those provisions out when it meets Monday afternoon to vote on a clean version of the "must-pass" funding bill. If the two sides can't come to some form of agreement, however short-term it might be, all nonessential government services will shut down at midnight Monday. The markets are getting more worried about the prospect; stock futures fell Monday morning.

• Billions of dollars are at stake as phase 2 of the trial against BP for the Deepwater Horizon oil spill begins. At issue: precisely how much oil was spilled into the Gulf of Mexico, and what level of negligence BP (BP) displayed in causing the accident. The Clean Water Act mandates fines of up to $1,100 for every barrel spilled via simple negligence, and as high as $4,300 a barrel for a spill that occurred due to gross negligence. The government says 4.2 million barrels of oil and gross negligence, for $18.06 billion; BP is arguing it was closer to 2.45 million barrels and simple, which comes to $2.695 billion.

• Airlines are introducing a raft of new service fees, but this time, they are for services that passengers may really be happy to pay a little extra for: Think extra legroom, a rented Apple iPad preloaded with movies, a hot first class meal in coach, or even letting passengers pay to have an empty seat next to them.

• Billionaire Mark Cuban, former Internet and casino mogul and current Dallas Mavericks owner, goes on trial Monday to defend himself against charges that committed insider trading when he sold off his stake in web search company Mamma.com in 2004.

• ExxonMobil (XOM) announced Friday that it will begin offering the same benefits to same-sex couples that it offers to traditional married couples. The company has never been known as gay-friendly before; in fact, quite the opposite. But it says the change in policy stems directly from the Supreme Court's ruling this summer to recognize same-sex marriages for federal purposes.

• And finally, in case you missed it Sunday, Twitter's IPO filing is ready, and the company plans to make it public this week, Quartz reports. Twitter intends to begin trading before Thanksgiving, probably on the NYSE.

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32 Comments

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anetes

Typcloe your comment here close our government for good, they are for theirselves not for the people of u.s.a usa has gone to hell. not the best country any more. we do not need a senate or congress

October 02 2013 at 11:59 PM Report abuse rate up rate down Reply
IN MY OPINION ONLY

My wish came true, no legacy for Prez. "O"

October 01 2013 at 7:06 AM Report abuse -1 rate up rate down Reply
1 reply to IN MY OPINION ONLY's comment
xak999

You think it's all finished? What kind of a person wishes for something like that.

October 01 2013 at 1:07 PM Report abuse +1 rate up rate down Reply
grumpydriver43

enough is enough shut it down already !!!!!!!!!!!!!

October 01 2013 at 3:20 AM Report abuse -1 rate up rate down Reply
justoldog

When do the zombies start coming out?

September 30 2013 at 11:23 PM Report abuse +1 rate up rate down Reply
1 reply to justoldog's comment
IN MY OPINION ONLY

As soon as Prez "O" is out of work and Air Force One grounded. Right now it's just the 800K to 1.2 million non-essital government workers out of job. Then the Walking Dead starts?

October 01 2013 at 7:09 AM Report abuse -1 rate up rate down Reply
betty_brock

They never shut the government down. They just keep spending money we don't have.
To the Dems, compromise means, "Do as I say."

Borrow, print, tax, spend.
Will this insanity never end?

September 30 2013 at 10:08 PM Report abuse -1 rate up rate down Reply
1 reply to betty_brock's comment
xak999

And the Republican agenda is clearly: Never to give insurance to those with pre-existing conditions.

October 01 2013 at 1:08 PM Report abuse rate up rate down Reply
forkliftman53

let them shut it down there is nothing i need from them

September 30 2013 at 8:50 PM Report abuse rate up rate down Reply
matodis

We are the laughing stock of the world! Government is at a stand still, and nothing is being done as everything deteriorates around us. We went from the worlds largest creditor, to the worlds largest debtor, the worlds largest industrial sector, to a country that imports more than it exports. A country that had the BEST Education System, to a country that does not even rank in the top ten. We have some serious problems and I point the finger at the politicians. They are the failure. It certainly is not only Democrat but both Democrats and Republicans. They have all forgotten why they were sent there in the first place. To represent the people!!!

September 30 2013 at 8:47 PM Report abuse +4 rate up rate down Reply
eghnw27

The Big Game

The wind doth blow our hair into swirls of disarray or fair, no matter first or last, she meant it to obey.
Combs are meant to rule the day, but fail in perfect coif of their pursuit, as the wind, inevitably, trumps their suite.
Life, in like manner, plays her game of solitaire, and we fail, in dismay, to learn she's always there, to show the best laid plans of men are not worth a care, while the Master of the game gives our travesty its share.

September 30 2013 at 8:17 PM Report abuse rate up rate down Reply
triptens

Can I put an icon on my desktop to access this site more easily. If not, how do I access this site, I would assume I would type www.MotleyFool in my web browser.

September 30 2013 at 7:25 PM Report abuse rate up rate down Reply
abenzrite

I'm sorry, what is the question again?

September 30 2013 at 7:16 PM Report abuse rate up rate down Reply
1 reply to abenzrite's comment
betty_brock

Why won't the Dems compromise?

September 30 2013 at 10:16 PM Report abuse -1 rate up rate down Reply