Government shutdown: What actually happens?

posted by
February 23, 2011
The Christian Science Monitor    
Posted in News, PND News

"House and Senate leaders are more than $60 billion apart on how much to spend or borrow to pay for government after March 4, when the funding for the current fiscal year runs out. If no one blinks, Washington could be headed toward a shutdown –- the 16th since Jimmy Carter was president. Most shutdowns lasted fewer than three days. One of the most famous -- the standoff between President Bill Clinton and House Speaker Newt Gingrich over balancing the federal budget –- lasted 21 days, from Dec. 16, 1995, to Jan. 6, 1996." (02/23/11)  

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