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.
There is a significant chance of a government shutdown as lawmakers on Capitol Hill are divided on reaching a resolution, with Senator Ted Cruz suggesting that President Biden and Senator Schumer may want a shutdown for political gain.
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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.
Former House Majority Leader Eric Cantor advises Republican colleagues not to pursue a government shutdown unless they have a clear plan to come out as winners, citing the failed attempt to block Obamacare in 2013 as a major political headache that did little to hinder its rollout.
Lawmakers in Congress are facing a potential government shutdown at the end of the month, with the possibility of a shutdown becoming increasingly inevitable due to the lack of progress in negotiations and disputes between House Speaker Kevin McCarthy, hardliners in his party, and the US Senate.
Senate Minority Leader Mitch McConnell warns that government shutdowns are a political liability for the Republican Party and supports Speaker McCarthy's efforts to avoid a government shutdown.
The White House warns that a government shutdown at the end of the month could have damaging consequences for the economy, national security, and the American public.
Democrats believe that a government shutdown is inevitable and are strategizing on what a bipartisan deal to keep the government open will look like, with the expectation that it will closely resemble what Republicans already agreed to.
With just over a week until Congress hits their deadline, the possibility of a government shutdown grows as House Republicans remain divided on spending negotiations.
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 federal government is likely to face a shutdown that will affect various services, disrupt workers' pay, and create political turmoil as Republicans demand deep spending cuts.
Susan Collins, the Senate's influential Republican centrist, warns her party that a government shutdown would be a mistake both substantively and politically, signaling to the House that the Senate's patience with conservative dysfunction is wearing thin.
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.
Lawmakers are preparing for a possible government shutdown as President Joe Biden's administration advises agencies to update their shutdown plans, while congressional Republicans debate on how to proceed before the current spending plan expires.
President Biden warns of the potential consequences of a government shutdown, urging Republicans in Congress to take action to prevent it.
Despite lawmakers' efforts to avert a government shutdown, the country is headed for a shutdown due to the ongoing conflict between conservative hardliners and House Speaker Kevin McCarthy, with some lawmakers resigning themselves to the prospect.
A government shutdown on October 1 is likely, but it is not expected to have a significant impact on financial markets or cause an economic recession.
The federal government is on the verge of a shutdown, with potential consequences for various areas of governance.
The House and Senate are holding crucial votes to prevent a government shutdown at the end of the week, with disagreements between lawmakers over spending bills causing a divide, particularly among House Republicans.
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.
There is a 90% chance of a government shutdown, according to Goldman Sachs, as the deadline looms and little progress has been made in negotiations.
Unless Congress acts soon, the federal government is at risk of shutting down again, leaving millions of federal workers without pay, as House Speaker Kevin McCarthy and his caucus clash over maintaining government operations or implementing drastic spending cuts demanded by conservatives.
A government shutdown is increasingly likely as hard-line Republicans oppose a bipartisan bill to fund the government.
A government shutdown is looming as lawmakers have until the end of the day Saturday to reach a deal or the U.S. will face one of the largest government shutdowns in history, impacting millions of workers and services.
A government shutdown could lead to disruptions in food aid, air travel, and financial markets, and increase the risk of cyber attacks on critical financial infrastructure, according to Karen Petrou of Federal Financial Analytics Inc.
The government is on the brink of a shutdown because Congress has not passed the necessary spending bills, and it remains uncertain how it will reopen as there is a disagreement over spending between right-wing Republicans and the Senate and White House controlled by Democrats.
The U.S. government is on track to shut down at 12:01 a.m. on October 1 unless lawmakers pass a continuing resolution or federal budget by September 30, and the biggest obstacle to reaching an agreement lies with a small group of House conservatives who are demanding deep spending cuts that won't pass the Democratic-controlled Senate.