is usa heading for a federal shutdown?

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is usa heading for a federal shutdown?

Post by truthbetold on Mon Sep 23, 2013 10:08 pm

Republican desire to play with fire seems to be on the rise. They are picking fights for no good reason.
First the budget bill is a non stater. Some tea party leaders think it is ok to shut govt down and see if they can push the blame on dems. I rate the chances of shutdown 25% . That is still a very bad number.
Republicans may even argue that fed govt shutdown is better than fed default.
Wall street may react negatively to this deadlock.

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Re: is usa heading for a federal shutdown?

Post by truthbetold on Tue Sep 24, 2013 5:33 am

http://www.cnn.com/2013/09/23/politics/congress-shutdown-showdown/index.html?c=politics&page=2

Gory details of legislative process of federal shutdown.

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