Each week of a federal shutdown will cost the U.S. economy $6 billion, due to delays in government spending and a reduction in pay for furloughed workers, among other impacts, according to EY chief economist Gregory Daco in an email. "A government shutdown could leave a visibl...
The risk of a government shutdown over the holidays was mounting by midafternoon Friday as lawmakers had yet to pass a spending deal that would fund the government past midnight. Continue reading this article with a Barron’s subscription ...
Michal Kranz
If a budget is not passed, either there is a government shutdown or Congress and the president agree to a continuing resolution to keep the government funded. A continuing resolution is simply a temporary funding mechanism agreed to by Congress and the president to keep the government funded unt...
Could a government shutdown affect passport processing When it comes to passport and visa processing, those operations -- which havenotably slowed since the pandemic-- should continue during a shutdown "as the situation permits," according toguidance the State Department gaveemployees las...
A partial shutdown of the U.S. government began shortly after midnight on Tuesday, when the two houses of Congress could not see eye-to-eye on a budget. The Republican-led House of Representatives only agreed to compromise on the budget if there was a delay to the start of Obamacare, ...
U.S. President Donald Trump proposed an immigration deal on January 20 in a bid to end the partial government shutdown, but Democrats immediately dismissed it. How long could this impasse last? RELATED STORIES much more the U.S. authorities could do to reduce opioid deaths ...
They face a deadline of midnight on Monday, after which the government will shut down, meaning that 800,000 federal employees would be put on temporary leave. Most analysts agree that a shutdown now looks imminent, but acknowledge that this has happened before and is unlikely to last long....
The article examines the implications of the government shutdown on the financial services industry in the U.S. which will take effect on October 1, 2013. The shutdown will immediately cause delay in processing loan applications as agencies, including the Federal Housing Administration, will be cl...
How long did Jacksonian democracy last? How long was the government shutdown during the Carter administration? How long was Joe Biden vice president? How much was the budget surplus under the Clinton administration? How long was James Mattis Secretary of Defense?