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The Latest Breaking News from Government Shutdown

Experts Downplay Immediate Recession Risk Amid Potential Government Shutdown

Short-term impact expected, but prolonged shutdown could dampen growth and hinder Biden's re-election chances

Zenger

House panel details the ethics rules of a shutdown - Roll Call

All members, officers and employees remain subject to the ethics rules and regulations during a government shutdown, a House memo states.

Roll Call

How a government shutdown will affect your student loans

Your federal student loans are due, even if the government isn't operating properly.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Live: US House panel holds first Joe Biden impeachment inquiry hearing

The Republican-led U.S. House of Representatives will hold its first hearing on Thursday (28 September) in its impeachment inquiry against Democratic President Joe Biden, two days before Congress’s deadline to avert a government shutdown.

The Independent UK

Government shutdowns hurt federal worker morale, long after paychecks resume − especially for those considered 'nonessential'

Unless Congress and the White House can agree on a budget or extend funding short term, the federal government will shut down on Oct. 1, 2023.

The Conversation

Biden pushes bipartisanship ahead of potential shutdown - Roll Call

As a government shutdown looms, President Joe Biden is stressing bipartisanship in a campaign ad and a trip to Arizona’s McCain institute.

Roll Call

Suits are back: It’s been a wild two weeks for the Senate floor’s dress code - Roll Call

With a government shutdown just days away, late Wednesday lawmakers once again turned to address the dress code on the Senate floor.

Roll Call

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Biden warns against threats to democracy and says Americans must speak out

President Biden's latest speech on democracy comes the day after the Republican debate, as a government shutdown looms and as House Republicans hold an impeachment inquiry hearing.

WEKU

GOP candidates partially blame shutdown threat on Trump debt - Roll Call

Some Republican candidates blasted Donald Trump at a debate he skipped, saying his spending set the stage for a looming government shutdown.

Roll Call

Jimmy Carter's 99th birthday celebration moved to Saturday to avoid federal shutdown threat

The Jimmy Carter Library and Museum is moving up festivities for the former president’s 99th birthday because of the threat of a partial federal government shutdown

The Independent UK

Stocks Settle Mixed as Bond Yields Grind Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.24%. Stocks on Wednesday settled mixed, with the Dow...

Barchart

What would a government shutdown mean for me? SNAP, student loans and travel impacts, explained

With gridlock persisting in Washington, a government shutdown is looking more and more likely days ahead of this weekend's deadline

The Independent UK

Shutdown would not halt federal criminal cases against Trump in DC and Florida - Roll Call

A government shutdown could disrupt litigation in the country, though not the federal criminal cases against former President Donald Trump.

Roll Call

What Does a Government Shutdown Mean for Stocks?

A federal government shutdown doesn't spell doom for stocks.

Kiplinger

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Fortune

Goldman Sachs says the odds of a government shutdown are now 90%—and it could last two to three weeks

There have been 14 government shutdowns since 1980, but only three have lasted longer than one week. This time, an extended shutdown could cause more serious economic damage.

The Guardian - US

Republicans pushing for government shutdown ‘stuck on stupid’, says party moderate

Mike Lawler, New York Republican, says ‘colleagues refuse to do what we were elected to do’ as shutdown looms

Barchart

Stocks Give Up Early Gains as Bond Yields Resume Their Climb

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.11%. Stocks this morning are mixed, with the Dow Jones...

Fortune

The U.S. economy has always shrugged off government shutdowns–but that might stop being the case if they become the new normal

Past government shutdowns barely made a dent in the U.S. economy–but real risk arises if hardball negotiating tactics become routine in Congress.

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news in one place.

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Barchart

Markets Today: Stocks Gain on Lower Bond Yields

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.37%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.36%. Stock index futures this morning are mildly higher as bond yields move lower. The 10-year T-note yield fell back from Tuesday’s 16-year high on dovish comments...

The Conversation

What will this government shutdown shut down? Social Security and the IRS keep going; SBA loans and some food and safety inspections do not

The U.S. is moving toward a government shutdown. House and Senate appropriators are divided on spending levels, policy riders and additional items, such as support for Ukraine.

The Independent UK

Former Speaker Paul Ryan says Republicans will lose if Donald Trump is nominee

Former House Speaker Paul Ryan says that Republicans will lose the presidential election if Donald Trump is the nominee and that he expects hard-right followers of Trump to force a government shutdown within days

Chicago Sun-Times

With federal shutdown looming, what does it mean for Chicago and the state?

The clock is loudly ticking toward an Oct. 1 deadline. If the shutdown happens, the impact will reverberate across the city and Illinois.

Al Jazeera

US Senate announces stopgap measure to avert impending government shutdown

Republicans and Democrats have agreed to a deal for six weeks of short-term funding, but it faces hurdles in the House.

Kiplinger

How the Government Shutdown Could Disrupt Your Travel Plans

A look at how a government shutdown could disrupt travel plans, which would have a great impact the longer a shutdown goes on.

Chicago Sun-Times

Government shutdown threat shows GOP extremists have no interest in governing

House Speaker Kevin McCarthy is unwilling to stand up to extremists in his caucus and risk losing his position, which he has thus far squandered by pandering to conspiracy theorists and cynical opportunists.

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