If Congress allows appropriations to lapse on October 1, a federal government shutdown would begin. Government shutdowns have direct and indirect impacts on the economy, the severity of which depend largely on the shutdown’s length and scope.
This Insight discusses the economic effects of shutdowns, including effects on output, employment, and government spending.
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Website: | Visit Publisher Website |
Publisher: | Congressional Research Service |
Published: | September 22, 2023 |
License: | Public Domain |