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Tuesday, July 31, 2012

Government Shutdown?

A vote to avoid a government shutdown is likely today on Capitol Hill. As they head out of town for their August recess, members of Congress are nowhere near a budget agreement for fiscal 2013, which starts Oct. 1. So Democratic and Republican leaders are close to an agreement on a continuing resolution. That would keep the government operating at spending levels equal to this year's budget. The CR could be as long as six months. But members still have to deal with how to avoid sequestration, set to occur January 3. That debate is unlikely before the November elections.

2 comments:

  1. "spending levels equal to this year's budget." How can this be? No budget has been passed for over a thousand days.

    ReplyDelete
  2. You beat me to it, 205. The only spending budget we've had in 3 years is called, "Breakneck Speed".

    ReplyDelete

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