Government shutdown ends
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The House of Representatives passed a bill last Wednesday
night ending the shutdown of the federal government. The bill was passed by the
Senate and President Barack Obama has signed the bill into law.
Under the agreement reached, a continuing resolution
funding government operations through January 15, 2014 is enacted. The measure
also raises the debt ceiling to a projected date of February 7, 2014. The
Senate will also consider another separate proposal to instruct House and
Senate negotiators to reach accord by December 13, 2013 on a long-term
blueprint for tax and spending policies over the next decade. Although the legislation reopens the federal
government immediately, there could be residual delays in programs as workers
address issues caused by the 16 day lapse.
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