The federal government entered a shutdown on Wednesday after President Donald Trump and Congress failed to agree on spending legislation. Thousands of workers face unpaid leave while essential services continue with skeleton crews. Social Security benefits for 74 million Americans remain intact despite 12 percent of agency staff being furloughed.
Military personnel and air traffic controllers stay on duty without paychecks during the closure. The IRS maintains full operations for five days before potential staffing changes affect 75,000 employees. Immigration enforcement continues under an emergency declaration while FEMA sends 4,000 workers home.
Economic reports covering employment and GDP face suspension during the impasse. Federal Reserve rate cut expectations hold steady at 97 percent probability for this month. Food assistance programs for low-income families proceed normally under existing funding mechanisms.
Military personnel and air traffic controllers stay on duty without paychecks during the closure. The IRS maintains full operations for five days before potential staffing changes affect 75,000 employees. Immigration enforcement continues under an emergency declaration while FEMA sends 4,000 workers home.
Economic reports covering employment and GDP face suspension during the impasse. Federal Reserve rate cut expectations hold steady at 97 percent probability for this month. Food assistance programs for low-income families proceed normally under existing funding mechanisms.
