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Tuesday, April 5, 2011

Will compromise cancel a shutdown?

Will compromise cancel a shutdown?


On Friday the US Congress is set to compromise on a new budget. Failure to pass a new budget would result in a government shutdown. Kristen Soltis, the director of policy research at The Winston Group argues that even if the budget is passed the greater concern is about the next fiscal year because some serious spending concessions should be agreed to in order to increase the debt ceiling. Nonetheless, if a compromise regarding the budget cannot be agreed on by this Friday, the federal government is in danger of not being funded at all and shutting down for the first time since 1995.

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