Government Shutdown, Followed By Default?

The federal government’s fiscal year officially ended at midnight on September 30. The House and Senate have not been able to reconcile their differences in time to pass a spending bill to fund the federal government into the new fiscal year. Also, the U.S. Treasury claims it will run out of wiggle room after mid-October and will need to have the debt ceiling raised. Are these things to worry about? It depends on who you are, but for investors, probably not.

http://www.forbes.com/sites/brianjacobsen/2013/10/01/government-shutdown-followed-by-default/

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