Goldman Sachs warns that a US government shutdown is likely to occur in 2023 due to lawmakers' failure to agree on a budget, which could negatively impact stocks and economic growth.
### Summary
The impending government shutdown due to a funding dispute between hard-right lawmakers in the House and Democrats could affect various government functions and services, causing delays and closures in areas such as air travel, national parks, and food safety inspections.
House GOP leaders are considering avoiding a government shutdown by approving a short-term continuing resolution instead of a massive bill to fund the Pentagon, as they face demands from hardliners for deeper spending cuts and specific funding levels.
Senate Minority Leader Mitch McConnell warns House Republicans that a government shutdown would be detrimental to the Republican Party both politically and in terms of policy change.
Congress faces the risk of a government shutdown as Republican infighting and dysfunction threaten to derail funding, highlighting the long-running chaos and dysfunction in American politics.
The White House is preparing for a government shutdown that they believe the public will blame the GOP for, as Speaker Kevin McCarthy struggles to unify his party behind a spending bill, and economists suggest that a shutdown would benefit the Biden administration heading into the 2024 presidential election.
The US government faces a potential shutdown if Congress fails to agree on funding past September 30, which would be the first shutdown since December 2018 and could result in a longer standoff between parties.
Millions of federal employees and military personnel face the prospect of a government shutdown, which would result in financial hardships for American families, disruptions in services, and potential harm to the economy.
The White House is preparing federal agencies for a potential shutdown as House Republicans fail to come up with a plan to keep the government funded, risking disruptions to federal services and negatively impacting the U.S. economy.
Investors should not be overly worried about the potential government shutdown's impact on the market, as historical trends indicate that any weakness will likely be a buying opportunity from a short-term trading perspective.
The impending federal shutdown, combined with other economic challenges such as rising gas prices, student loan payments, and reduced pandemic savings, is expected to strain American households and potentially weaken economic growth in the last quarter of the year.
A potential government shutdown in Washington could have far-reaching consequences, causing financial losses for millions of people, disrupting medical research and food access, delaying regulatory efforts, and hampering the Biden administration's agenda on energy, climate, and infrastructure.
President Biden warns of the potential consequences of a government shutdown, urging Republicans in Congress to take action to prevent it.
Google searches about the potential government shutdown in the US are increasing, with a particular interest in how it would affect Social Security, veterans' benefits, and the US dollar.
A U.S. government shutdown would negatively impact its credit assessment and highlight the weakness of its institutional and governance strength compared to other top-rated governments, according to Moody's, although the economic impact would likely be short-lived.
The federal government is on the verge of a shutdown, with potential consequences for various areas of governance.
A government shutdown could have dangerous consequences for the nation's cyber defenses and efforts to combat violent crime, warns Deputy Attorney General Lisa Monaco.
The U.S. is on the verge of a government shutdown as Congress debates spending levels and aid to Ukraine, which could potentially affect government operations and federal workers' paychecks.
A brief government shutdown is unlikely to significantly slow down the economy, but a prolonged shutdown could hurt growth and potentially impact President Biden's re-election prospects.
A government shutdown would severely impact the U.S. Securities and Exchange Commission's ability to approve IPOs and respond to market turmoil, according to its chair, Gary Gensler.
The possibility of a government shutdown looms as Congress struggles to agree on federal spending bills, potentially affecting federal and contract workers, restricting services, and impacting the DC region, Maryland, and Virginia.
A potential government shutdown threatens to delay real estate transactions and leave home buyers unable to secure flood insurance, causing significant disruption to the industry.
A government shutdown due to a short-term spending bill will cause financial hardship for federal employees and contractors, but there are steps they can take such as contacting their landlord or mortgage loan servicer for assistance.
Summarizing the text given, the US is preparing for a government shutdown as the funding deadline approaches, with potential consequences including delays in work authorizations for migrants, impacts on the Federal Aviation Administration, uncertainty in the House regarding a procedural vote, and concerns about the effects on small businesses and border security.
A potential US government shutdown could disrupt the release of important economic data, leading to market volatility and forcing investors to rely on alternative sources of information, potentially impacting monetary policy decisions and delaying key reports such as the October 6 payroll report.
U.S. Treasury Secretary Janet Yellen warns that a potential government shutdown would harm economic progress, impacting key programs for small businesses and children and delaying infrastructure improvements.
The United States government is at risk of a partial shutdown, which could impact the progress of crypto bills and hinder the functioning of financial regulators.
The US government narrowly avoided a shutdown after Congress passed a last-minute funding bill and President Joe Biden signed it just before midnight, preventing an unnecessary crisis and ensuring the government remains open until at least November 17.
The near-shutdown of the U.S. government highlights the dysfunction and inability of Congress to pass essential laws and fund the government, raising concerns about its ability to function effectively.
