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Federal Government Shutdown

September 26, 2013

In four days, the federal government runs out of money.

While the Republican-controlled House of Representatives passed a resolution last Friday that keeps the government funded through December 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 October 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: Read more http://ow.ly/pdtDY

From → Finance

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