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Dear PoPville – Impact of Debt Ceiling Negotiations on DC?

by Prince Of Petworth August 1, 2011 at 11:30 am 41 Comments

Photo by PoPville flickr user elliotmitchell

From the New York Times:

“President Obama and Congressional leaders of both parties said late Sunday that they had agreed to a framework for a budget deal that would cut trillions of dollars in federal spending over the next decade and clear the way for an increase in the government’s borrowing limit.”

“Dear PoPville,

What do folks think is the likely impact of the outcome of debt ceiling (and related) negotiations on the development of DC?

Should we be worried about significant layoffs in the Federal Govt as a result — and follow-on impact on demand for DC real estate and the like?

Interested in getting the perspective of PoPville…

Thank you.”


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