POLI 2051 Lecture : Poli Sci Govt Shutdown Lecture
Document Summary
There is a loophole-----prisons, national defense, air traffic controllers and other essential. Discretionary spending money that congress appropriates on an annual cycle. What is a govt shutdown? funded. the fiscal year for the fed gov runs from oct 1 until sept 30. -mandatory spending spending that continues on autopilot until congress changes the law. Things like social security, medicare, medicaid, most of obamacare, some farm subsidies . Everything else: parks, museums, passports. services keep working. and employees are sent home. Limit impond by congress concerning how the country can borrow to pay existing debts. It does not entail new spending for anything, but fund programs that have been ________in order to meet our obligations. What happens if we don"t raise the debt ceiling? economy. 1990"s shutdown for 5 and 21 days in 1995 and 1996. -failure to pass appropriations bills or continuing resolutions to keep the govt.
