Re: [TSPStrategy] October 1st & Fed Actions

At least I'm not thinking partisan, just the facts. It's possibly it'll all turn into a situation that may be either NBD or increased pains as compared to the past. October isn't here yet, but I'm looking forward to November and hopefully some of this uncertainty will be done by then.



On 9/27/21 at 1:00 PM, Scott wrote:

From: "Scott" <rossman26@gmail.com>
Date: September 27, 2021
To: TSPStrategy@groups.io
Cc:
Subject: Re: [TSPStrategy] October 1st & Fed Actions

Just in case anyone thinks government shutdowns and the lack of a budget is the unique property of any one party…

" Congress has completed appropriations before the start of the fiscal year only 4 times in the past 40 years. The last time Congress completed all bills on time was 20 years ago, in 1996."

On Mon, 27 Sep 2021 at 18:00, <eljosco@mail.com> wrote:

Thanks for those who provided feedback. I guess we'll see how things go. 

Yellen has already taken measures that "affect" the TSP (G fund). Let's see what happens in the Senate vote this evening (5:30pm) - that'll address the shutdown potential and debt ceiling. It seems it's being pushed for the D's to deal with the debt ceiling on their own. Apparently dealing with it by reconciliation will take 2 weeks, but a default may happen by then.

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