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Washington, DC is on the brink of a shutdown after 21 House Republicans helped vote down a measure to fund the government past 11:59 p.m. Saturday.. If he is unable to strike a quick deal with ...
Each week of a government shutdown could cost the US economy $6 billion and shave GDP growth by 0.1 percentage points in the fourth quarter of 2023, according to estimates earlier this year by EY.
Congress doesn’t have much time to figure out how to prevent a government shutdown. It has only got until 11:59 Friday, as a matter of fact. That means hundreds of thousands of federal workers ...
But it’s still worthwhile to know what to expect should the federal government actually shut down—as it has four times in the 21st century and 15 times in the last 50 years. This time around ...
The prospect of a US government shutdown grows more likely with each passing day as lawmakers have yet to reach a deal to extend funding past a critical deadline at the end of the month.
If political tensions don’t ramp down, the federal government will shut down on Sunday, Oct. 1. This shutdown would be the 15th since 1980, the fourth in the 21st century, and the first under ...
What Happens If the Government Shuts Down? Most federal agencies must halt non-essential operations, close national parks, furlough employees, and suspend services until a new funding agreement is ...
The US government has shut down or had funding gaps 20 times for at least one day. The most recent shutdown was 34 days, spanning the end of 2018 into the start of 2019.
When the government shuts down, the politicians pipe up. No sooner had a midnight deadline passed without congressional action on a must-pass spending bill than lawmakers launched their time ...
The shutdown ended after midnight on Oct. 17, 2013, when Obama signed a short-term spending bill to reopen the government. Who won and who lost? The shutdown was a political disaster for Republicans.
Each week of a government shutdown could cost the US economy $6 billion and shave GDP growth by 0.1 percentage points in the fourth quarter of 2023, according to estimates earlier this year by EY.