US Government Shutdown Now Third Longest in History: Economic Stakes Rise

Reported about 11 hours ago

The ongoing US government shutdown has reached its third week, becoming the third longest in history, with rising economic costs and mounting pressure on both parties as they remain entrenched in their positions, particularly over healthcare subsidies. Key federal workers are about to miss their first full paycheck, further impacting markets already struggling due to a lack of governmental data. Despite temporary measures to pay certain employees, the situation is expected to worsen as November deadlines loom, prompting experts to warn of potential nonlinear economic effects.

Source: YAHOO

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