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35 hrs left, US Government shutdown would affect our daily life................!!
By Dream_Liner
If the Democrats and Republicans don't stop bickering and agree to how the U.S. should pay its bills, the federal government will shut down, come October 1.
And at a time when the economy's finally showing signs of life, that could be troubling.
Shutdowns don't come cheap. Federal agencies have to use up time, energy and resources to plan for one. Shutting down and then reopening the government also costs money.
According to the Congressional Research Service, the two previous shutdowns -- in late 1995 and early 1996 -- cost the country $1.4 billion.
But what would a shutdown mean for you? Would your daily life be affected?
(The answer's yes.)
I'm proud to be an American: Perhaps the biggest hit would be to the collective psyche. America is the largest economy in the world and a beacon for how democracy ought to work. To watch elected lawmakers engage in a high-stakes staring contest with no one willing to blink is no way to do business. A recent CNN/Opinion Research Corp. poll found that 51% will blame Republicans if the government closes its doors. The U.S. has operated without a budget since 2009 and has avoided a government shutdown with last-minute deals. It's been one stomach-turning sequel after another.
Not only does the government run out of money on October 1, the nation is set to hit the debt ceiling and go into default in mid-October. Together, they serve -- in the words of CNN senior White House correspondent Jim Acosta -- as a dysfunction double whammy
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