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Moore administration prepares for federal shutdown as potential default looms

May 26, 2023

Amid uncertainty about whether congressional leaders and the White House will reach a deal to save the U.S. from defaulting on its debt, Gov. Wes Moore’s administration is preparing for a federal government shutdown, a senior aide to the governor said. But, state officials would be in uncharted territory trying to cushion the blow of a calamity lasting more than a few days. Maryland has the cash reserves to weather “a couple of days” of the country being in default, the governor’s aide said.

Article Source: The Daily Record

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