Via Federal technology news and events by Scott Maucione
The IT industry could suffer greatly in the event of a federal default.
The shutdown has already caused economic problems for IT companies, but if Congress drags its feet for another week, a federal default could make those troubles more severe.
“This could be a catastrophe,” said Deniece Peterson, director, federal industries analysis at Deltek.
- The Economic Impact of the Government Shutdown (247wallst.com)
- Federal IT Outsourcing Market Best Positioned to Weather Budget Uncertainty, According to Deltek (virtual-strategy.com)
- The Federal Government Can’t, and Won’t, Default on Its Debt Obligations (powerlineblog.com)