IPFS News Link • Government Debt & Financing
8 Things To Know About A Government Shutdown
• npr.orgWhile the Republican-controlled House of Representatives passed a resolution Friday that keeps the government funded through Dec. 15, the measure also defunded President Obama's signature health care law — which means it has virtually no chance of passing the Democratic-controlled Senate.
If a budget resolution doesn't hit President Obama's desk before Oct. 1, that's a big problem: The government will be forced to close its doors.
With that prospect looming, here are eight things you should know about the possible shutdown: