The return of the debt ceiling/U.S..........>

US TSYS: The return of the debt ceiling/U.S. government shutdown on February 8,

politicians are getting a lot of practice with kicking the can down the road.

"Avoiding a government shutdown by next Thursday is increasingly complicated by

the fact that with each turn of the screw, the debt ceiling is becoming

increasingly binding," Scotiabank economists said. Scotiabank notes the

Congressional Budget Office (CBO) "recently incorporated the effects of the Tax

Cuts and Jobs Act into its forecast for when Treasury would run out of room

created through emergency measures and have to begin to prioritize payments

(here). The CBO now figures the US Treasury would run out of options to fund

government without prioritizing who gets paid by around mid-March."