Bill Ends Shutdown and Extends Debt Ceiling

Congress has passed a bill to end the government shutdown and extend the debt ceiling. Federal employees will be returning to work tomorrow. 1 November 2013 payments for military, veterans, Social Security, etc. will all come as expected.

Tomorrow, I will begin writing about how to prepare for the next time we find ourselves in this situation. The bill only extends the debt ceiling into February, so we may well find ourselves back in this exact same situation then. Let’s take this time to get prepared.

About the Author

Kate Horrell
Kate Horrell is a military financial coach, mom of four teens, and Navy spouse. She has a background in taxes and mortgage banking, and a trove of experience helping other military families with their money. Follow her on twitter @realKateHorrell.
  • LizUSNret

    Thanks, Kate, for all your useful information regarding the shutdown and debt ceiling situation. I learned more from you than anyone in the mainstream media.

    • KateKashman

      Liz, that is one of the nicest things anyone has ever said to me. I will treasure that comment! Let’s hope we don’t get to this point again.

      • LizUSNret

        You’re welcome… keep up the good work! And may we not have to go through this again (though I fear we will, so I will plan accordingly).

  • DanCoursen

    Unfortunately, we all know that this will most likely happen again in January or February of 2014. All they did was put a band-aid on the problem. It is nice that I am going to get my retirement pay again, but I am worried about the future.

  • robyn

    Hi. I have a question when should we expect you get out reenlistment bonuses or is that still on home??

  • Robyn

    SORRY ABOUT THE TYPOS. My question was when should we expect to get our reenlistment bonuses…

  • Dan Taylor

    Who exactly, was responsible for wanting to screw veterans by using them as collateral, cutting death benefits and not paying veterans?

  • Court Roberts

    The House passed several bills to pay actives & retires, including death benefits but Reid wouldn’t let them be voted on in the senate because the President wanted no compromise.