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Politics : Formerly About Advanced Micro Devices

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To: Bill who wrote (1402240)	5/11/2023 11:56:50 AM
From: Wharf Rat	Read Replies (1) of 1583174

"Didn't we just "shut down government" when this stuff happened under Obama?" No; that was the spending bill. The government still had authority to borrow. Now, without a new ceiling, the government is still authorized to spend, but it can't borrow the funds to do so. From October 1 to October 17, 2013, the United States federal government entered a shutdown and curtailed most routine operations because neither legislation appropriating funds for fiscal year 2014 nor a continuing resolution for the interim authorization of appropriations for fiscal year 2014 was enacted in time. 2013 United States federal government shutdown - Wikipedia == "Aren't we really lightyears away from real default?" A few light nanoseconds, or maybe 3 weeks on the calendar.

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