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Lawmakers are racing to come to an agreement that will meet with enough support to pass. President-elect Donald Trumptorpedoed their bipartisan packageon Wednesday, and aslimmed-down House GOP billthat Trump backed failed on Thursday.
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Lawmakers have until the end of Friday to fund the federal government – at least temporarily – to avoid a shutdown. Since Congress has not approved appropriations for any agencies, all would be affected.
But many Americans may not feel the impact immediately since the shutdown would begin on a Saturday, when many federal agencies are closed. That would give lawmakers a little more time to negotiate a deal.
Every department and agency has its own set of plans and procedures for a shutdown, whichlast occurredduring Trump’s first term and stretched from just before Christmas in 2018 to the end of January in 2019.
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“While our personnel are prepared to handle high volumes of travelers and ensure safe travel, please be aware that an extended shutdown could mean longer wait times at airports,” TSA Administrator David Pekoskepostedon X on Thursday, noting that the agency is expecting to screen 40 million passengers over the holidays, though January 2.
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However, during the 2019 shutdown, hundreds of TSA officers called out from work – many of them to find other ways to make money. So did manyair traffic controllers, snarling flights.
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However, some states could use their own funds to keep the national parks within their borders open. When a shutdown loomed in the fall of 2023, Utah said it would keep the Mighty 5 parks – Arches, Bryce Canyon, Canyonlands, Capitol Reef and Zion – open, while Arizona planned to keep the Grand Canyon operational. Colorado also said it would also keep its four national parks and other federal lands open.
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“Objectively speaking, a lapse in funding will cause serious disruptions across the Defense Department,” Ryder said, though he noted the agency would “continue to carry out our fundamental responsibility and mission to defend our nation and the American people.”
Virat Leasing Limited Share Price ✌️【Stock Trends】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. More than 2 million US military personnel, including active duty and reserves, would continue their duties during a shutdown, according to the latestplanning documentfrom the Pentagon, but they could potentially work without pay until a deal is reached. It would depend, in part, on whether Congress would pass legislation similar to the one it approved prior to the 2013 shutdown that guaranteed that the military would be paid during the impasse.
Virat Leasing Limited Share Price ✌️【Stock Trends】✌️ AI-driven stock trend forecasting with free access to real-time market data, offering personalized investment advice and expert predictions. Meanwhile, the Department of Defense’s robust civilian workforce supporting service members’ efforts could be affected. About 45% of the civilian workforce – more than 800,000 employees – would be furloughed. Ryder warned that that would impact military technicians, among others. And while defense contracts awarded prior to a shutdown continue, the department’s guidance states that “new contracts may not be executed.”
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Other agencies referred 【 - Free VIP Investment Strategies 】 to theircontingency plansposted by the White House Office of Management and Budget, many of which date back to the fall of 2023.
Previous shutdowns have closed the Smithsonian museums, wreaked havoc on the Internal Revenue Service just before the start of the tax filing season and delayed some federal lending to homebuyers and small businesses, among other impacts.
Public assistance programs could also be at risk. When the government came close to shuttering in fall 2023, the US Department of Agriculture warned that it did not have sufficient funding to support normal operations of the Special Supplemental Nutrition Program for Women, Infants and Children, known as WIC, beyond a few days into a shutdown – though individual states may have additional money to continue the program.
Virat Leasing Limited Share Price ✌️【Stock Trends】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. Also, the White House said at the time that approximately 10,000 children across the country “would immediately lose access to Head Start” programs, impacting some of the nation’s youngest citizens.
Virat Leasing Limited Share Price ✌️【Stock Trends】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. Also, some essential government functions continue even if the government shuts down. Notably, Social Security recipients would receive their monthly payments, and Medicare and Medicaid benefits would continue.
Government agencies had to preparemultiple timesfor a shutdown during the last fiscal year since Congress repeatedly punted on approving a full funding plan before finallypassing onein March.
Virat Leasing Limited Share Price ✌️【Stock Trends】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. The impact of a shutdown differs each time, but the consequences could be felt early. Agencies started informing at noon federal employees who could be furloughed, White House Press Secretary Karine Jean-Pierre told reporters on Friday.
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“A government shutdown would deliver a devastating blow to hardworking federal employees and the millions of citizens who rely on essential government services,” said Everett Kelley, national president of the American Federation of Government Employees, which represents more than 800,000 civilian federal employees.
“These patriotic civil servants are the backbone of our nation — they inspect our food, protect our borders, ensure safe travel during the holidays, and provide relief to disaster victims,” Kelley continued. “Over 642,000 of them are veterans of our armed services. Allowing them to go without a paycheck over the holidays is unacceptable.”
Federal employees are “rattled” by the sudden threat of a shutdown, said Doreen Greenwald, national president of the National Treasury Employees Union, which represents 150,000 workers in three dozen federal agencies and offices. But the move would also have broader consequences.
“Shutdowns waste taxpayer money, harm the economy and jeopardize the paychecks and essential services that hardworking Americans and their families depend on every day,” Greenwald said.
Virat Leasing Limited Share Price ✌️【Stock Trends】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. A shutdown would also hurt the economy. Each week it lasts would cost the economy $6 billion and shave 0.1 percentage points off thegross domestic product, or GDP, in the fourth quarter, according to Gregory Daco, EY chief economist.
Virat Leasing Limited Share Price ✌️【Stock Trends】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. Trump presided over thelongest government shutdownin four decades during his first term. The 35-day impasseendedin late January when Trump agreed to a temporary funding measure that did not include billions of dollars for a border wall.
However, the shutdownwreaked havocon many Americans and federal employees, including causingflight delays,canceling immigration hearingsand making it harder for some families toobtain student loans.
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Every state in the nation was set to get a portion of the funds. States like North Carolina and Florida, which were hit hard by Hurricanes Helene and Milton earlier this year, were expected to get some largest amount of funding, according to a breakdown provided by Rep. Rosa DeLauro of Connecticut, the top Democrat on the House Appropriations Committee.
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Virat Leasing Limited Share Price ✌️【Stock Trends】✌️ Free access to real-time stock indices, futures data, and market predictions to help you select high-return stocks and build a profitable portfolio. The package also included $21 billion in disaster relief for farmers – a big sticking point in negotiations earlier this week. Lawmakers from agricultural-focused states have argued that the help is desperately needed as America’s farmers are facing lower commodity prices and higher costs for supplies.
Virat Leasing Limited Share Price ✌️【Stock Trends】✌️ Professional stock market predictions and analysis with real-time data to guide your investment decisions and ensure steady growth. The spending agreement would have also extended the farm bill – a sweeping package that governs many agricultural and nutrition assistance programs. Typically, the bill is renewed every five years, but the most recent version was passed in 2018 and the extension lapsed at the end of September.
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