Does the final bill require a single budget to be passed, or that each chamber pass a budget resolution before the (arguably now unconstitutional) “no pay” provision kicks in?

What we will get now is nearly four more months of Paul Ryan demagoguing about how we need to “CUT SPENDING” when the market is saying, “Please issue securities so we can buy them!”

But it’s nice to see that they didn’t listen to their own supporters–AEI, John Taylor, even Peter Klein–who suggested default as preferable.