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SEP 23, 2013 - Zero Hedge

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Step Aside Trillion Dollar Coin, Here Comes The Trillion Dollar Bill

With just over a week left until a potential government shutdown, especially since the House just passed a stopgap funding measure which included an Obamacare defunding measure and which is dead in the Senate, the issue of a government shutdown with no counterproposal on the table is suddenly concerning to investors, as can be seen in the following Bloomberg chart comparing articles mentioning "government shutdown" vs "debt ceiling." However, it should be the other way around: while Congress may gamble with the debt ceiling until the 11th hour and 59th minute, as it knows it can always punt ... Read More

Tags: Step Aside Trillion Dollar Coin, Here Comes The Trillion Dollar Bill,  Dollar Tree Latest News