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That would be far worse than a brief shutdown, inflicting much greater damage on credit markets and the overall economy.
Mulvaney joked during last year's brief shutdown that he has been accused by critics of being an "arsonist" of government.
The brief shutdown of H & H bagels in the spring because of tax problems created a crisis of sorts on the Upper West Side.
New Jersey also adopted a similar law.The stalemate between Pennsylvania's Democratic governor and Republican-controlled Senate over the state budget was resolved following a brief shutdown of some government services.
A brief shutdown, painful as it would be, would be far less damaging than a sudden withdrawal of tens of billions in government spending from the economy, which would lead to widespread layoffs.
The unusually rapid pace of deficit reduction, concentrated on goods and services the government delivers, has had a further damping effect on growth, swamping the cost of the relatively brief shutdown, economists said.
Similar(35)
A partial government shutdown would be the third this year, after Congress's terminal budget dysfunction forced two brief shutdowns in January and February before lawmakers managed to get their spending bills back on track.
(There have already been two brief shutdowns this year, in January and February).
The impact of these reckless, largely ideologically targeted cuts could be even more devastating for the recovery than a brief government shutdown.
The brief Ford shutdown forced Dana to curtail production at plants in Fort Wayne, Ind., Cape Girardeau, Mo., and Pottstown, Pa., resulting in the layoff of 2,000 workers.
Mr. Reid, in a move that for different reasons riled the province's rival Protestant and Roman Catholic parties, had invoked the brief technical shutdown to avoid its collapse.
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