If the fiscal year begins without a budget and Congress fails to pass a continuing resolution, then a. the president has the right to raise the debt ceiling. b. federal agencies operate on the basis...

If the fiscal year begins without a budget

and Congress fails to pass a continuing

resolution, then

a. the president has the right to raise the debt

ceiling.

b. federal agencies operate on the basis of the

previous year’s budget.

c. the interest rate paid on the national debt

automatically increases.

d. the federal government shuts down.