03-15-2017, 03:38 PM
(03-15-2017, 12:48 PM)The Wonkette Wrote:(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.
Your analysis assumes that Trump will behave as everyone else has. Trump has a habit of doing the unexpected and that seems unlikely to change.
Democracy is the theory that the common people know what they want, and deserve to get it good and hard. -- H.L. Mencken
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises