5 ways the government shutdown will impact portfolios
3. Beware of False Accusations
The government shutdown issue is merging with the fight over the debt ceiling. With the spending cap of $16.7 trillion set to be exhausted Oct. 17, government officials will try to force a compromise by threatening to stop sending Social Security checks to retirees. President Barack Obama could use executive powers to raise the debt ceiling so the U.S. doesn’t default on its obligations.
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