The government is now funded through September, but another deadline is hanging over Congress that imperils the economy of Virginia.
The last time Congress wrangled over the debt ceiling the federal government lost its triple A credit rating. Credit rating agencies say Virginia could also lose its pristine credit rating if the federal government gets locked in partisan warfare once again.
That could make borrowing more expensive for cash strapped locales, according to Virginia Democrat Gerry Connolly.
While there's another threat of a government shutdown on March 27 unless the U.S. Senate and Congress reach some type of compromise, members of Virginia's Congressional delegation say some progress is being made. There's even a possibility of reducing the impacts of sequestration on Virginia.
Three budget amendments by Senator Mark Warner were approved. They address spending transparency, duplicate reports, and the federal retiree backlog.