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.

Cities and States With the Most Federal Workers Affected by the Shutdown

from The Wall Street Journal,

In all, about 420,000 federal employees deemed essential are working without pay, while another 380,000 are furloughed.

The partial government shutdown has matched the longest on record and hundreds of thousands of federal workers have started to miss paychecks. A look at where federal workers are based, and how their salaries measure up to average salaries in those regions, helps draw a picture of the potential impact on local economies. Under the shutdown, funding has lapsed for nine of the 15 federal departments—Justice, State, Treasury, Homeland Security, Agriculture, Commerce, Interior, Housing and Urban Development and Transportation—as well as several agencies. About 420,000 federal employees deemed essential are working without pay, while another 380,000 have been placed on unpaid leave, or furlough. In all, the federal government employs about two million civilian workers. Washington, D.C., accounts for 18% of all economic activity produced by the federal civilian government sector, the largest of any metropolitan area ... four out of five full-time federal employees live outside the metropolitan area comprised of Maryland, Virginia and Washington, D.C.

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