WHAT TO EXPECT WITH GOVERNMENT SHUTDOWN
December 18, 2018 - Douglas Myser
What to expect with government shutdown. This has become a topic of concern for many people who may be impacted by a shutdown of government services. If recent past history is any guide, the shutdown hopefully won't last for more than a few weeks, while the politicians rangle over what policies they want enacted, just how far they are willing to go to get them, and who caves in first. The obvious question mark, is that with political discourse and compromise being at a minimum, who knows how long this may actually play out.
What to expect with government shutdown. This is anybody's guess at this point. A partial government shutdown is less than two weeks away with President Trump and congressional Democrats locked in a dispute over border security and no resolution in sight. Funding expires for a number of key government agencies, including the IRS on December 21st at midnight. And while there is still time to avert a shutdown, so far the two sides have been unable to reach an agreement to keep the government open.
The key sticking point is how much money Congress should allocate for the President's long promised wall at the U.S. Mexico border. Trump wants $5 billion, but Democrats are unwilling to agree to that and any spending bill needs bipartisan support to pass Congress, due in part to Senate rules requiring a 60 vote threshold to advance. If a shutdown takes place it would be limited in scope. That's because Congress has already funded roughly 75% of the federal government through September 2019, including the Pentagon as well as the Department of Health and Human Services, and Labor. The impact will certainly have an impact on the IRS tax filing season. Those who submit tax relief options thru a good, reputable Tax Resolution Services firm, will also have to wait for the Internal Revenue Service to respond to a request for a IRS Fresh Start Program.
But that doesn't mean a partial shutdown just days before Christmas wouldn't be disruptive. December 21st for the Department of Homeland Security, the Justice Department, the Interior Department, the State Department, the Department of Housing and Urban Development, and other parts of the government. Robert Mueller's office has been funded and will not be impacted by any shutdown.
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