Government Shutdown Ends

Late Wednesday night, the House of Representatives passed a bill ending the shutdown of the federal government. The bill was passed by the Senate earlier in the day. President Obama has signed the bill into law.

Under the agreement reached, a continuing resolution funding government operations through Jan. 15, 2014 is enacted. The measure also raises the debt ceiling to a projected date of Feb. 7, 2014. The Senate will also consider another separate proposal to instruct House and Senate negotiators to reach accord by Dec. 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.

REALTOR.org will keep the shutdown information available over the next several days as government operations return to full capacity.

 

photo by: KAZVorpal

Speak Your Mind

*