Thursday, November 30, 2023

What does it mean that the US is about to shut down the government?

The United States is on the brink of a government shutdown after House Republicans failed to reach a consensus. The White House has asked federal agencies to prepare to temporarily run out of public funds.

There are 6 days left until the United States stops the functions of the federal government because of a new legislative crisis on Capitol Hill. House Speaker Kevin McCarthy has been unable to reach a short-term solution with lawmakers in his party to avoid a government shutdown.

In the Lower House, the hard-line Republicans or those also called MAGA, who were assured by the former President Donald Trump, took the opportunity to request large budget cuts and establish a limit on public spending of 1.47 trillion dollars for the fiscal year 2024, representing 120 billion dollars. more cuts than agreed.

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President Joe Biden has asked federal agencies to make necessary preparations for the shutdown. He also attacked House Republicans. “Funding the government is one of the most fundamental responsibilities of Congress and if House Republicans don’t do their job, we need to stop electing them,” the president said.

This Sunday at midnight the federal government may close its doors, which means that government workers may suspend their work or resign, this will affect, among other things, the airports which may operate at medium speed, affecting tourism.

The Bureau of Labor Statistics has announced it will stop publishing the data, making it harder for the Federal Reserve to make investments and economic interpretations. There is also some level of disruption in public education across the country.

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Nation World News Desk
Nation World News Desk
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