Rising Odds of Government Shutdown Spark Economic Concerns

Reported 11 days ago

As the likelihood of a U.S. government shutdown increases, sparked by a failed compromise deal largely due to opposition from Elon Musk and President-elect Donald Trump, economic experts remain cautiously optimistic. While a prolonged shutdown could have varied economic repercussions, analysts believe its impact may be manageable, with potential GDP reductions during the shutdown offset by increases after reopening. The political landscape complicates matters, with stark divisions among lawmakers making resolution challenging.

Source: YAHOO

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