Government Shutdown
There is a need to pass a bill extending routine government funding after a stopgap bill expires March 27. Without an extension, a partial government shutdown would occur. Congress must pass this spending bill, called a continuing resolution or “CR,” which would continue spending after Sept. 30, 2013, the end of the 2013 fiscal year. As it stands now, the government’s legal authority to borrow more money runs out in mid-October, 2013. According to the Bipartisan Policy Center, if that date arrived on October 18, the Treasury “would be about $106 billion short of paying all bills owed between October 18 and November 15. The congressionally mandated limit on federal borrowing is currently set at $16.7 trillion. The debt limit has been raised 13 times since 2001 and has grown from about 55 percent of Gross Domestic Product in 2001 to 102 percent of GDP last year.

For Democrats, Shutdown Success Also Brings Danger

1/28/19
from The Wall Street Journal,
1/28/19:

Democrats won the showdown with President Trump, but their victory comes with three little-noticed problems

Stick around Washington long enough and you will learn a simple rule: Success also brings risk. Danger comes calling when the winning side in a political fight either overreaches in its hour of triumph or fails to turn newly won political capital into something useful. This is the risk for Democrats right now. There is no doubt they won—convincingly—in their showdown with President Trump over his demand for billions of dollars to build a wall along the southern border. They stared down the president during a monthlong partial government shutdown, and in the end they got exactly what they were demanding: a temporary reopening of the government without providing any money for the wall. Yet the shutdown drama also carried three little-noticed problems for Democrats. First, they now have spent the opening period of their new control of the House of Representatives focused not on their priorities—health care in particular—but instead on Mr. Trump’s top priority, immigration.

Second, the shutdown prevented the new Democratic House leadership, and all those new House members elected last November, from starting off by demonstrating they can govern effectively. And third, the shutdown mess sullied everybody’s reputation, at least a bit. A new Wall Street Journal/NBC News poll shows that positive feelings about the Democratic party fell to 35% this month from 39% in December. That means the share of Americans who have positive feelings about Democrats is essentially no different from the 34% who have positive feelings about Republicans.

Will Democrats accept some funding for a border wall—something they were willing to swallow just a couple of months ago? Or will they continue to try to deny Mr. Trump any wall money? That hard-line stance would please Democratic activists who want to keep fighting the president on all fronts—but also would run the danger that Democrats come to be seen by middle-of-the-road voters as the unreasonable party. Where, in short, does the Democrats pressing their advantage end and overreach begin?

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