The RightWingNuts ain’t gonna backdown from their effort to shut things down for cuts that will NEVER get a past the US Senate to President Biden’s desk….
A short shutdown the experts say would not harm the country ….
A long one WOULD……
And of course?
WHO WILL GET THE BLAME?
Economics…
Federal government shutdowns have become so common in recent years that forecasters have a good read on how another one would affect the American economy. The answer is fairly simple: The longer a shutdown lasts, the more damage it is likely to inflict.
A brief shutdown would be unlikely to slow the economy significantly or push it into recession, economists on Wall Street and inside the Biden administration have concluded. That assessment is based in part on the evidence from prior episodes where Congress stopped funding many government operations.
But a prolonged shutdown could hurt growth and potentially President Biden’s re-election prospects. It would join a series of other factors that are expected to weigh on the economy in the final months of this year, including high interest rates, the restart of federal student loan payments next month and a potentially lengthy United Automobile Workers strike.
A shutdown would not just dent growth. It would further dampen the mood of consumers, whose confidence slumped in September for the second straight month amid rising gas prices. In the month that previous shutdowns began, the Conference Board’s measure of consumer confidence slid by an average of seven points, Goldman Sachs economists noted recently, although much of that decline reversed in the month after the shutdown ended….
Politics…
Speaker Kevin McCarthy (R-Calif.) told members of the House GOP conference Wednesday morning that he will not bring the Senate’s bipartisan continuing resolution to the floor for a vote.
Rep. Bob Good (R-Va.) told reporters after a closed-door House GOP conference meeting that McCarthy informed lawmakers during the gathering that he will not bring the upper chamber’s legislation to the floor for a vote, even after the Senate voted to advance it in a bipartisan fashion Tuesday night.
“I don’t think he plans to do that,” Good said when asked about bringing the Senate stopgap bill up for a vote. “He reiterated that this morning. I called on him to consistently say that to the public, let the Senate know that’s dead on arrival and that there’s no way the House would pass that bill.”
Pressed on if McCarthy told the conference that he will not bring up the Senate legislation, Good responded, “that’s exactly right.”
A second House Republican confirmed to The Hill that McCarthy said he would not bring the measure to the floor for a vote.
Senate leaders unveiled a continuing resolution Tuesday afternoon to fund the government through Nov. 17. The legislation also includes roughly $6.15 billion in funding for Ukraine, $5.99 billion in disaster assistance and would temporarily extend the expiring authority of the Federal Aviation Administration.
The Senate advanced the legislation in an overwhelmingly bipartisan vote Tuesday night, 77-19.
While the measure has the backing of Democrats and Republicans in the Senate, a number of House conservatives have already lined up against the legislation, pointing to the inclusion of Ukraine aid and the exclusion of border security provisions….