A look at what’s ahead if the government shuts down on Oct. 1.
that will disrupt many services, squeeze workers and roil politics as Republicans in the House, fueled by hard-right demands for deep cuts, force a confrontation over federal spending.
Although employees deemed essential such as air traffic controllers and law enforcement officers still have to report to work, other federal employees are furloughed. Under a 2019 law, those same workers are slated to receive backpay once the funding impasse is resolved.Government funding expires Oct. 1, the start of the federal budget year. A shutdown will effectively begin at 12:01 a.m. if Congress is not able to pass a funding plan that the president signs into law.
Nearly 60% of federal workers are stationed in the Departments of Defense, Veterans Affairs and Homeland Security. Lawmakers also warn that a shutdown could rattle financial markets. Goldman Sachs has estimated that a shutdown would reduce economic growth by 0.2% every week it lasted, but growth would then bounce back after the government reopens.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
How long will the annular solar eclipse last on Oct. 14?The 'ring of fire' annular solar eclipse is one of the most anticipated astronomical events of the year.
Weiterlesen »
How could the US government dodge an Oct. 1 shutdown?As Republicans in the U.S. House of Representatives struggle to agree on funding bills, Senate Democrats on Thursday signaled they may try to act on their own to offset a partial federal government shutdown beginning on Oct. 1.
Weiterlesen »
Kaiser Permanente employees in Colorado say they plan to strike Oct. 4 if no deal reachedThe union represents about 3,000 of Kaiser Permanente’s 6,800 employees in Colorado, including technicians, licensed practical nurses and office workers.
Weiterlesen »
John Christ Winery in Avon Lake closing its doors Oct. 1John Christ Winery in Avon Lake made the somber announcement that it will close its doors next month, calling it 'an extremely difficult decision to make.'
Weiterlesen »
Kaiser’s 75,000 union employees to strike Oct. 4 if no deal struckNegotiations continue, Kaiser says. If no deal is cut, a three-day walkout will take place at facilities in California, Colorado, Oregon, Washington, Virginia and Washington D.C.
Weiterlesen »
San Diego Restaurant Week begins Sunday, Sept. 24, runs through Oct. 1Participating restaurants will offer three-course prix-fixe dinner menus and two-course prix-fixe lunch menus beginning at $20.
Weiterlesen »