New Development in the US Government Shutdown Crisis – Next Critical Date Set

The US government shutdown is entering its second week, effective October ￰0￱ Senate voted today to reject two stopgap budget proposals submitted by both Democrats and Republicans, effectively ending any possibility of reopening federal ￰1￱ is in recess until Monday, when leadership is expected to force a fifth vote on the House-passed proposal that would fund the government until November ￰2￱ News: Two Top Officials at the Federal Reserve, Jefferson and Logan, Discussed Interest Rate Cuts and the ￰3￱ As the stalemate deepens, the effects of the government shutdown are also ￰4￱ White House is reportedly increasing pressure on Democrats, preparing to announce imminent layoffs for public sector workers and freezing billions of dollars in funding for programs in Democratic-held ￰5￱ of thousands of public employees were furloughed and many non-critical services were suspended after federal funds ran out Wednesday morning.

However, the “cold war” between congressional leadership and the White House ￰6￱ appears unlikely that the parties will find a path to reopening the government in the short term through their own negotiations alone. *This is not investment ￰7￱ Reading: New Development in the US Government Shutdown Crisis – Next Critical Date Set