Zelizer: "Eyeball-to-eyeball moment" between Obama and GOP





NEW YORK (CNNMoney) -- The fiscal year is 189 days old, and the federal government is still operating without a long-term spending bill. And now, if lawmakers can't cut a deal, the government will shut down.

Usually, lawmakers make some effort to pass a real, 365-day budget. Not this year.

Instead, lawmakers have passed six short-term spending bills. With their Friday deadline bearing down, the two parties remain billions of dollars apart on spending cuts.

"This is just an eyeball-to-eyeball moment where Republicans want to exercise their power," said Julian Zelizer, a professor of history and public affairs at Princeton University. "And Obama is trying to defend his reputation with Democrats."...


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