Debt ceiling debate: What happens to feds after Aug. 2 if there’s no deal?

As the deadline for raising the debt ceiling looms, the stakes of cutting a deal to avoid a government default are getting higher. If negotiators can't resolve their differences by Aug. 2 and the government runs out of money, furloughs for federal workers are a real possibility.

In April, most federal agencies waited until the eleventh hour (as did Congress and the White House) to provide employees with guidance on the effects of a potential government shutdown. It's déjà vu with the debt ceiling. Has your manager or agency given you any information on what to expect if Congress doesn't raise the debt ceiling soon? Please let us know by submitting a comment at the bottom of this page.