Lawmakers in the U.S. are advised to take action as the government shutdown nears, which could potentially impact the country’s government operations.
Impact of Government Shutdown
Analysts and experts advised the U.S. Congress to take action to avoid a government shutdown which could potentially impact the operation of services in the country. One of the ways is to successfully pass a continuing resolution that will fund the government.
In a published article in MARCA, there are rumors right now about the possibility of a government shutdown. It is important that lawmakers work together and pass timely budgets and resolutions on funding to avoid disruptions to government operations.
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Potential Impact of Government Shutdown
According to a published article in CNBC, here are some of the potential impacts of a government shutdown:
- Federal workers, including those in crucial sectors like healthcare, law enforcement, and national defense, could face furloughs or delayed paychecks. This not only disrupts their livelihoods but also affects the services they provide to the public.
- During a shutdown, many government services are scaled back or temporarily halted. This can lead to delays in processing passports, tax returns, and Social Security benefits. National parks, museums, and monuments may also close, affecting travel plans and recreational activities.
- Government shutdowns can trigger economic instability, impacting financial markets and causing uncertainty for businesses. This can potentially affect job growth and consumer confidence.
Furthermore, this could also affect small businesses, healthcare, immigration services, veterans, and research and innovation.
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