
The monthslong debate over raising the debt limit is barely in the rearview mirror, and already it's time for another round of brinksmanship over the federal government's fiscal future.
This time the stakes are a possible government shutdown at the end of the current fiscal year on September 30. That will happen unless Congress and President Joe Biden agree on a budget before then—which is highly unlikely—or agree to pass a short-term continuing resolution, which is how these fights are usually resolved.