The implications that attach to the threat of a government shutdown go far beyond the temporary crisis that would follow, (stop of funding), and indeed may be even more affective in areas that could be more important if a shutdown is averted.
The issues that are involved go to the passage (or not) of funding for many items that will directly affect specific parts of our individual financial and retirement plans.
In particular, up for grabs is legislation concerning pension reform (fiduciary responsibility) and derivative deregulation.
Since the shutdown (or not) will come and go, most of the public will not be aware of the longer term changes that will come into play when the funding is eventually approved.
This Politico article gives a brief overview of the major issues that are being discussed in the House and Senate.
House-Senate negotiators near spending deal - David Rogers - POLITICO
ER is not a platform for political discussion, but understanding the specifics of proposed and approved legislation can help in making our personal decisions for the future.
When our government approves $1.1 trillion dollars in spending, it is well to know where those dollars are going, even though we will not be a part of the decision.
The issues that are involved go to the passage (or not) of funding for many items that will directly affect specific parts of our individual financial and retirement plans.
In particular, up for grabs is legislation concerning pension reform (fiduciary responsibility) and derivative deregulation.
Since the shutdown (or not) will come and go, most of the public will not be aware of the longer term changes that will come into play when the funding is eventually approved.
This Politico article gives a brief overview of the major issues that are being discussed in the House and Senate.
House-Senate negotiators near spending deal - David Rogers - POLITICO
ER is not a platform for political discussion, but understanding the specifics of proposed and approved legislation can help in making our personal decisions for the future.
When our government approves $1.1 trillion dollars in spending, it is well to know where those dollars are going, even though we will not be a part of the decision.
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