Trainwreck After Trainwreck After Trainwreck

The government shutdown: the government has money in the bank; the government simply doesn't have authorization to spend it.

October 17, 2013: the government won't even have any money left in the bank.

Well, actually, that was the "old" date. That date could slip a bit to right now that 800,000 government workers are not being paid. But at some point....

... and I don't see folks talking about this yet. The bureaucrats that are furloughed are the ones that actually write the language, that actually write the bills that Congress votes on. If the majority of support staff have been furloughed, I doubt much work is being done to craft the bill to raise the debt ceiling. At some point, Congress will simply run out of time to even consider raising the debt limit. They won't have to worry about voting on it; no one will be around to write the bill to get it to the floor.

There is great risk the commander-in-chief is going to let this spiral out of control.