Lawmakers are back ito work on Monday on day 14 of the government shutdown. YNN's Megan Cruz spoke with Congressman Paul Tonko before he boarded the train back to Washington, D.C.
RENSSELAER, N.Y. -- Congressman Paul Tonko took a train back to Washington, D.C. on Monday in hopes of negotiating a deal with end the fiscal stalemate.
The first issue at odds amongst Democrats and Republicans was the Affordable Care Act. Now, the sequestration is the latest bargaining chip between parties.
The spending cuts took effect in March. According to Senate Minority Leader Mitch McConnell, Republicans wants a deal on the shutdown to include another round of sequestration cuts. However, Senator Majority Leader Harry Reid wants to undo the cuts.
"I'm concerned that it's too painfully deep a cut for programs that deal with education, public safety, health care, quality of life issues for the people we call neighboring friends in the 20th congressional district," said Congressman Tonko.
"The Democrats want to exceed the sequester caps. These things that we but into law and restrain spending already. And it's funny, they're all about Obamacare being the law of the land. So is the sequester. And if we exceed that, it's a real big step in the wrong direction," said Senator Rand Paul.
The longer the shutdown continues, the longer the Treasury is bringing in less revenue. If the debt ceiling is not raised on Thursday, the government will only have about $30 billion, plus daily revenue to pay its bills.
Economic leaders anticipate they will run out of money by the end of the month.