Now that it looks like a deal to reopen the government and raise the debt ceiling is upon us, I’ve been thinking about where this leaves the government services industry. If the shutdown ends today, we’ll all get back to work, assess the damage, and begin digging out of the hole this lost time has dug. In a month or so, it might seem like we’re back to normal, but I think that’s a bit of a leap.
At the beginning of the shutdown, I posited that this kind of instability in budgeting and appropriations might be the new normal. We’ve had essentially the same debate between Republicans and Democrats since 2010 about entitlement spending and government revenue/taxes with no resolution. The fundamental positions have not changed despite many skirmishes and an election. All signs now point to a 2014 mid-term that might tweak at the margins but will still likely result in a Republican controlled House and a Democratically controlled Senate.
Keep reading this article at: http://www.govexec.com/excellence/promising-practices/2013/10/do-contractors-need-take-out-government-shutdown-insurance.