Government Shutdown Risk Looms Ahead of Nov. 17 Deadline
CPA Practice
NOVEMBER 13, 2023
By Erik Wasson, Bloomberg News. (TNS) The U.S. still faces a risk of a government shutdown at the end of this week despite a new compromise plan by Speaker Mike Johnson that leaves out hardline conservative priorities like cutting spending and curtailing migration. A shutdown would threaten a downward U.S. credit rating adjustment by Moody’s Investors Service, which has cited political dysfunction as a growing risk to bond investors.
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