Late Wednesday night, the U.S. House of Representatives passed a bill
ending the shutdown of the federal government. The bill was passed by the
Senate earlier in the day. President Obama has signed the bill into law.
Under the agreement, a continuing resolution funding government operations through Jan. 15, 2014, is enacted. The measure also raises the debt ceiling to a projected date of Feb. 7, 2014.
Although the legislation reopens the federal government immediately, there could be residual delays in programs as workers address issues caused by the 16-day lapse.
Late Wednesday night, the U.S. House of Representatives passed a bill ending the shutdown of the federal government. The bill was passed by the Senate earlier in the day. President Obama has signed the bill into law.
Under the agreement, a continuing resolution funding government operations through Jan. 15, 2014, is enacted. The measure also raises the debt ceiling to a projected date of Feb. 7, 2014.
Although the legislation reopens the federal government immediately, there could be residual delays in programs as workers address issues caused by the 16-day lapse.
Watch the CCIM.com Newscenter for more updates on the government shut down’s impacts on commercial real estate. – See more at: http://www.ccim.com/newscenter/323280/2013/10/01/government-shutdown-impacts-ccim-members#sthash.xW5iroV6.dpuf CCIMMember Certified Commercial Investment Member
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