Why you should care about the latest budget fight

The US Capitol is seen on March 25, 2013. Earlier this week lawmakers averted a feared government shutdown by approving a stopgap spending bill, but heated debate over future federal spending took shape as they clashed over budget plans. A trio of key votes bookended the action in Congress Wednesday ahead of a two-week congressional recess, the most urgent one being on the so-called continuing resolution, a $1.2 trillion appropriations measure that will keep the doors of federal agencies open through September, the end of the fiscal year. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/Getty Images)


Why you should care about latest budget fight

WASHINGTON (AP) — You've heard it all before.The government is headed for a fiscal crisis caused by partisan gridlock. The stakes are high. U.S. credibility is on the line. The economic recovery could be derailed.Is this a faux crisis that will quickly pass or the real deal?Time to sort through the reality and the hype.Mark your calendar(Getty Images)There are two dates to watch on the fall crisis calendar:— Oct. 1: The coming Tuesday is the start of the government's next …

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