Retail and Consumer Products Co-chair Charles Samuels spoke to The Bond Buyer on the impact a governmental shut down may have on the municipal market.
Chuck said, "If there is a shutdown many borrowers are going to consider how temporary delays in federal spending specifically affect their obligations and services. At the human level, there are plenty of federal employees who finance groups deal with, who may miss a paycheck causing real hardship. It is a political football but not a joke."
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