In parliamentary democracies, it defaults to the status quo. Basically last year’s budget, plus that changes that it entailed. Taxes are still coming in, so there is no reason to stop money from going to places it needs to go and the difference between balance is called a deficit. Belgium could not form a government for 1-2 years rcently and ran through this scenario.
Its amazing that not only did the US never plan for this scenario but they’ve never changed it since. How do you convince someone to work for you when they might only get paid for 10 months a year?
And that downtime won’t be good for productivity either.
In parliamentary democracies, it defaults to the status quo. Basically last year’s budget, plus that changes that it entailed. Taxes are still coming in, so there is no reason to stop money from going to places it needs to go and the difference between balance is called a deficit. Belgium could not form a government for 1-2 years rcently and ran through this scenario.
Its amazing that not only did the US never plan for this scenario but they’ve never changed it since. How do you convince someone to work for you when they might only get paid for 10 months a year?
And that downtime won’t be good for productivity either.