National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Boehner’s Exit Means Shutdown Uncertainty
House Speaker John Boehner’s exit from Congress could mean that a government shutdown is more likely, and the Export-Import Bank could also close as a result. Another issue on the table is whether or not Congress and the White House can come to terms on a new borrowing method to pay for road and bridge maintenance.
Government observers seem to think that a stopgap bill will be passed from Oct. 1 to Dec. 11. But after that, it is uncertain what will happen, due to Boehner’s exit. The long-time representative out of Ohio was known for being a politician who could work well on both sides of the Congressional aisle. If Republicans choose a more confrontational House Speaker upon Boehner’s exit, one who may be determined not to pass the budget due to Planned Parenthood funding or another issue, a government shutdown could take place in December.
- ◦Economy
- ◦Development
