The debate over the debt ceiling is raising questions about what federal managers should be doing to prepare for possible cutbacks or shutdowns at their agencies. The Treasury Department says just two weeks remain before the government runs out of money to pay for some of its obligations. John Palguta, vice president for policy at the Partnership for Public Service joined the Federal Drive with advice for managers dealing with uncertainty at their office. They’re not the only ones, Palguta said.
“This is really unprecedented,” Palguta. “We haven’t been through this situation before, so we really don’t have answers.”
It’s important to note to staff, Palguta said, that the negotiations around raising the debt ceiling are different from those that deal with appropriations.
“We have a situation where government’s run out of money, and we’ve logged up the national credit card,” Palguta said.