The Bond Buyer featured comments from Retail and Consumer Products Co-chair Charles Samuels in an article about the municipal bond market's reaction to the end of the federal shutdown. Though an end to the shutdown has been welcomed enthusiastically, Congress faces another funding deadline in January, and challenges still remain, such as uncertainty over a planned vote on Affordable Care Act subsidies.
Chuck says, "There has been great suffering and dislocation during this shutdown and it needs to end. As we get back to business, we have to realize there is no new normal at this point. In the case of healthcare and education, they will continue to be on the firing line and we need to be vigilant to make sure there is no encroachment on our critical capital-raising mechanisms."
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