The countdown clocks are ticking (just look at any cable news outlet today to see the tick-tock).
Maya MacGuineas has been fighting for less debt and more fiscal responsibility in Washington for more than 10 years. So when MacGuineas, president of the Committee for a Responsible Federal Budget, says, "There's a very significant risk" that the government will shut down, there is a very good chance it will. "There is no plan for keeping [the government] funded," she tells The Daily Ticker. "'It's very likely that [Congress] falls into a shutdown even if they don't mean to..."
Related: The Upside to a Closed Government
The Senate is expected to reject the latest House bill that would defund Obamacare as a condition for keeping the government open for business. Unless the House backs down, various parts of the U.S. government will shut down at midnight. Former Republican Senator Alan Simpson told The Wall Street Journal this raises the risks around the debt ceiling fight too:
“It’s going
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