White House says shutdown will delay pay to troops (AP) – 781th Edition

6 04 2011

Visitors gather in the main entrance of the National Air and Space Museum on the National Mall in Washington, Wednesday, April 6, 2011. The White House warns of a temporary cutoff in pay for troops in war zones if the budget impasse brings a partial government shutdown. The IRS wouldn't be able to process some tax refunds, and there also could be a holdup in mortgage applications and small business loans. National parks and museums would be closed, too. (AP Photo/Evan Vucci)AP – The Obama administration warned Wednesday that a federal shutdown would undermine the economic recovery, delay pay to U.S. troops fighting in three wars, slow the processing of tax returns and limit small business loans and government-backed mortgages during peak home buying season.

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