Aug
05

Hill Hijinks

budget1Despite a very manageable budget deficit for the next few years, budget hijinks will soon return to DC. A bi-partisan budget agreement that provided substantial sequestration relief through FY15 expires 10/1/15, the debt limit of $18.2 trillion will be reached sometime around the end of October, and if history is any guide, the likelihood of passing all the necessary spending bills by the start of FY 2016 is about zero.

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