Trump Wants to Scrap Filibuster to End Government Shutdown
Digest more
The claim originated with Republican Speaker of the House Mike Johnson, who repeatedly pinned blame for the shutdown on Democrats.
Learn how budget deficits arise, their economic impact, and discover strategies to reduce them. Gain insights into managing government spending and national debt.
Stocktwits on MSN
Government Shutdown Could Cost US Economy Up To $14 Billion, According To Congressional Budget Office
The ongoing federal government shutdown could cost the U.S. economy between $7 billion and $14 billion, CBO says. ・CBO expects the economy to struggle due to delayed spending on employee compensation,
The nonpartisan Congressional Budget Office says the longer the government stays closed, the more costly the pause will be.
Over 1.4 million federal employees have been directly hit — around 670,000 are furloughed without pay, while another 730,000 are working without salaries. This has affected not only government offices but also millions of families,
The nonpartisan Congressional Budget Office says the longer the government stays closed, the more costly the pause will be.
The Congressional Budget Office issued projections Wednesday for three different scenarios about the length of the government shutdown as it nears a full month.
The federal government shutdown has already cost the US economy at least $18 billion this year, a figure that “will intensify” in the weeks to come, according to the Congressional Budget Office.
According to the Colorado Department of Health Care Policy and Financing (HCPF), long-term care for older Coloradans and those with disabilities is driving the increase in costs. HCPF says it makes up about 5% of Medicaid enrollment but accounts for about half of all claims.
As the federal government shutdown moves into its second month and the state budget impasse drags into its fifth, the consequences of political inaction are mounting. Affordable Care Act premiums are poised to skyrocket,
France’s Socialist Party said it’s prepared to bring down the fragile minority government as soon as next week if there is no significant increase in taxation in next year’s budget.