Government Shutdown Avoided…For Now
As you may know, last night, President Biden signed a continuing resolution that has prevented a widespread government shutdown. The continuing resolution generally funds programs at the same level that they were funded during fiscal year 2021.
It is important to note that the continuing resolution only funds the government till December 3, 2021. This means that Congress will need to pass a budget or another continuing resolution by December 3 to avoid a shutdown at that time.
Members, please know NOSSCR’s Government Affairs staff will continue to monitor this situation and keep you updated by email as developments warrant.
Here’s a roundup of recent articles about the continuing resolution, a potential shutdown, and how it connects to Social Security:
- “Biden, Democrats back at it, scaling back $3.5T plan” (AP)
- “Nearly 50 million seniors could face Social Security payment delays if debt ceiling isn’t raised” (CNN)
- “What Americans Think About The Fight Over The Debt Ceiling” (538)
- CNBC highlights moments of Fed Chair Powell and Treasury Sec. Yellen testimony before the House Financial Services Committee.
- Contingency plan of the Social Security Administration (SSA) in the event of a government shutdown.
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