03-15-2017, 12:48 PM
(03-14-2017, 03:12 PM)SomeGuy Wrote: I dunno, we have run into debt ceilings before. Let's hold off and see what actually happens, first.The Government will take "extraordinary steps" to keep everything running until early summer, when those tricks won't work anymore. As SomeGuy has said, we've done this song and dance.
April 18 will be when things start to get interesting, because the Government's Continuing Resolution expires. So Congress will have to figure out at what level to fund the Government prior to that; otherwise, it is 2013 all over again (Government shutdown) until they get some kind of spending bill out. Once they figure that out, they'll also have to decide whether or not to raise the debt ceiling this summer.