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The post-summer policy pickup

We hope our readers in the US enjoy some deserved R&R this long Labor Day weekend — we’re all going to need it ahead of what is likely to be a chaotic autumn.September will be the busiest month of the year for economic policymaking, with at least three items that directly and immediately affect the economy sure to be debated by Congress and the President.First, a spending bill to keep the government running and avoid yet another shutdown must be passed by September 30th, whether it’s a new budget or a temporary continuing resolution.Second, the Treasury is expected to run out of options to avoid hitting the debt ceiling by early- to mid-October. For obvious reasons it would be helpful to have raised the ceiling by the end of September, before the potential shutdown.Third, the President

Cardiff Garcia considers the following as important:

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We hope our readers in the US enjoy some deserved R&R this long Labor Day weekend — we’re...

Cardiff Garcia
Cardiff writes mostly about US macroeconomic issues, with daily excursions into other topics about which he claim no expertise. Before Alphaville, Cardiff spent a little more than two years as a reporter at Dow Jones Financial News covering investment banking, asset management, and private equity. Along the way he has written freelance pieces on a variety of other topics from behavioural psychology to Muay Thai, the latter also being a personal interest that involves frequently getting kicked in the shins (and torso, and head).

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