Federal Budget
Trump administration warns of federal layoffs ahead of shutdown
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The White House has cautioned that thousands of federal layoffs could occur as a potential government shutdown looms. This comes amid tensions between the Trump administration and Democrats over funding. Meetings involving key figures like Russell Vought highlight the escalating deadlock.
U.S. government shutdown reaches day four with economic costs mounting
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The U.S. federal government is in its fourth day of a shutdown due to stalled budget negotiations, affecting national parks, federal workers, and services nationwide. Senate Majority Leader Chuck Schumer highlighted the financial toll, estimating costs at $1.2 billion for paying non-working employees. Prospects for an agreement remain uncertain as partisan divides persist.
U.S. faces likely government shutdown at funding deadline
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The U.S. government is on the brink of a shutdown as Congress struggles to pass funding legislation by midnight on September 30, 2025. Prediction markets now peg the odds at 70%, raising concerns over impacts to federal services and financial markets. While essential payments like Social Security would continue, other programs face delays.
U.S. government shutdown starts after funding bill fails
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The U.S. federal government entered a shutdown on October 1, 2025, after Congress failed to pass a spending bill to fund operations. Partisan disagreements between Republicans and Democrats stalled negotiations, leading to furloughs for non-essential workers. The shutdown's duration remains uncertain, echoing past political standoffs.