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.

A Negotiated Settlement - Temporarily

5/1/17
from The Gray Area:
5/1/17:

Republicans agreed with Democrats not to shutdown the government. In doing so the GOP pushed priorities down the road a little -- til September-- when they begin to negotiate the 2018 budget. This is a Democrat win in the short term, which makes Repubicans angry as they still wait for a significant congressional victory.

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