The US Capitol can be seen on September 30, 2025 in Washington, DC, behind a barricade. If the legislator does not reach a cross -party compromise from the Finance Act, the Federal Government’s closure begins at midnight. (Photo by Kevin Dietsch/Getty Images)
Washington -A state closure could have significant economic consequences, although an analysis published on Tuesday by the referee household office published on Tuesday that it was arduous to determine effects without knowing the duration of a financing return or how exactly the Trump administration will try to redesign the federal agent.
Director Phillip L. Swagel wrote in A four -page letter The agency projects around 750,000 federal employees, which led to an expression of $ 400 million a day.
“The number of ran lines could vary from day to day, since some agencies may be convenient for more workers, the longer they exist, and others may remember some initial employees,” wrote Swelle.
New plans of the Trump government Federal employee released in mass, He wrote that these calculations could change significantly.
The economic effects and effects on business activities are arduous to predict, since it is not yet clear how exactly the Trump government will deal with a switch -off or how long it takes to convey a Stopgap financing agreement.
The government, which started in December 2018, led to a loss of around 3 billion US dollars of gross domestic products, which, according to an earlier CBO analysis, which was referred to in the letter, to a loss of around 3 billion US dollars in December 2018.
This was about 0.02% of the annual GDP in 2019.
Swagel wrote that the “effects of a state closure on business activities are uncertain, and its size would depend on the duration of the production and decisions of the administration.
“CBO assumes that if a state closure stays for several weeks, some private companies would never get back all the income that they have lost due to the suspension of the federal activity.”
CBO carried out the analysis after receiving a request from the Republican Senator of Iowa Joni Ernst.
Thune, Schumer debate to close the Senate floor
A government’s closure begins on Wednesday, unless the congress leader arranges a Stopgap Financing Contract before the start of the recent financial year.
This seemed to be a long shot in the early Tuesday afternoon as chairman of the majority of the Senate, John Thune, Rs.d., and Chuck Schumer, Dn.Y., minority director of the Senate, a brief debate on the
Thune said passed the house But in the Senate would fail.
“You will have another financing cliff that you can take advantage of from November 21,” said Thune. “This is financed by the government and protects federal employees and the American people from the hostage -taking, which has obviously become the democratic norm. Although it is something that they did not do so many years ago.”
Thune said reporters afterwards that the chamber would probably be complete for Yom Kippur, which will start shortly before sunset on Wednesday and will continue until Thursday evening, but would hold the voices during a closure.
“We will watch the Jewish holiday, but I would expect additional voices all week,” said Thun. “I mean, we submitted a number of (nominated) last night and I would expect additional votes to finance the government.”
The spokesman Mike Johnson, R-La.
Meeting breaks up without a deal
The leaders of the congress, including Schumer and House minority leader Hakeem Jeffries, met in the White House with President Donald Trump on Monday, but were Do not make progress on a Stopgap financing agreement.
Schumer said in the Senate on Tuesday that Democrats need a contract with GOP managers to extend the improved tax credits for people who take out their health insurance on the Affordable Care Act market for the Affare Care Act, which should expire at the end of the year.
“In one or two days, millions of Americans – million – will be noticed that their insurance premiums will increase average of $ 400 per month and 5,000 per year,” said Schumer. “A bourgeois family cannot afford it. We want to extend these credits in healthcare, among other things. But we renew these credits so that people will not pay this terrible increase.”
Schumer described Republican claims that Democrats have immigrants without legal status that he has access to federal health programs such as Medicare and Medicaid, “utter bull”.
“There is no money, no cent of federal dollars that go there. Why do you bring this up?
Without a recent financing law before the beginning of the financial year at 12:01 p.m. on Wednesday, the government will begin closing.
The consequences will be significantly wider than the 35-day closure, which took place in Trump’s first term, when five of the dozen year-round expenditure laws had been right.
This time is not the case this time, and a shutdown is expected To influence each department and agency to different degrees.
“You take a risk”
The White House office for Management and Budget Director Russ VOUGHT has also asked the Trump administration officials Implement mass decisions During a longer financing return.
Trump said during a press conference in the Oval Office on Tuesday that he did not want a closure, but that his administration could possibly take measures to restructure the Federal Government when you start.
“During the closure that are irreversible, which are bad for them and are miserable by them, such as cutting out a large number of people, the cutting of things they like, programs they like,” said Trump and referred to Democrats. “So you take a risk by having a shutdown because we can do things medically and in other ways due to the shutdown, including advantages.”
