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Why a government default could be worse than a government shutdown
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FILE - The Capitol building is visible as a man who declined to give his name, right, picks up garbage during a partial government shutdown on the National Mall in Washington, Dec. 25, 2018. All the hand-wringing over a potential government default if Congress doesn’t increase the national debt limit has conjured up images of past government shutdowns when TSA agents worked without pay and litter piled up in untended national parks. In fact, there’s a big difference between a government default and a government shutdown. - photo by AP Photo/Andrew Harnik, File
WASHINGTON (AP) — All the hand-wringing over a potential government default if Congress doesn't increase the government's $31.4 trillion debt ceiling has conjured up images of past government shutdowns. In shutdowns, "essential” workers — TSA agents and such — showed up, but most federal employees stayed home. Work piled up in offices, and litter piled up in untended national parks.