The US Capitol is seen after the barricade on September 30, 2025 in Washington. If the legislators do not achieve a double -sided compromise on the financing act, the closing of the federal government will start at midnight. (Photo of Kevin Dietsch/Getty Images)
Washington – the closing of the government may have significant economic consequences, although the analysis published on Tuesday by an impartial Congress Budget Office said that it is challenging to determine the consequences without knowing the passage of financing or how exactly Trump administration will try to transform the federal labor force.
Director Phillip L. Swagel wrote four -page letter The agency designs about 750,000 federal employees that would be killed, which led to $ 400 million in receipt per day.
“The number of burned employees may vary during the day, because some agencies may cope with more employees, the longer the closure lasts, and others can remember some of the initially conditioned employees,” wrote Swagel.
New Trump administration plans for ponderous down federal employees massively, He wrote, he can significantly change these calculations.
He wrote that the economic impact and the consequences of economic activity are challenging to predict, because it is not yet clear how Trump’s administration will be able to close or how long he will take the leaders of the congress to accommodate the STOPGAP financing agreement.
The partial closing of the government, which began in December 2018 and lasted until January 2019, led to the loss of about $ 3 billion in gross domestic product, which cannot be recovered, in accordance with earlier CBO analysis, to which it was referred in a letter.
This accounted for about 0.02% of the annual GDP in 2019.
Swagel wrote that “the impact of the government’s exclusion on business activity is uncertain, and their size would depend on the duration of closing and the decisions taken by the administration.
“CBO expects that if the closing of the government remained for several weeks, some private sector entities would never regain all lost income as a result of suspension of federal activities.”
CBO conducted an analysis after receiving the application from the Republican senator Iow Joni Ernst.
Thune, Schumer debate closing on the Senate floor
Closing the government will start on Wednesday, unless the leader of the Congress mediates in the STOPGAP financing agreement before the start of the up-to-date financial year.
It seemed to be a long shot early on Tuesday afternoon, because the leader of the majority of Senate John Thune, rs.d. And the leader of the minority of the Senate Chuck Schumer, Dn.y., dealt with a brief debate on the floor, rarely.
Thune said that the Democrats would have the same lever in healthcare matters as now in mid -November, when she stops on the invoice The house has passed But stuck in the Senate would have expired.
“They will have another financial cliff, which they can use on November 21,” said Thune. “This is financed by the government and protects federal employees and the American nation from taking hostages, which apparently has now become a democratic norm. Although it is something that they have condemned not so many years ago.”
Thune told journalists later that the chamber would probably be outside the session for Jom Kippur, which starts shortly before sunset on Wednesday and lasts until Thursday evening, but otherwise he would have votes during closing.
“We will observe the Jewish holiday, but I would expect additional votes throughout the week,” said Thune. “I mean that we laid a completely new group (nominees) last night and I would expect additional votes to finance the government.”
Marshal Mike Johnson, R-la., Canceled the house schedule for this week and is not planning that this chamber returns to the session until October 6 at the earliest.
The meeting breaks without a contract
Congress leaders, including Schumer and the leader of the home minorities, Hakeem Jeffries, met on Monday with President Donald Trump in the White House, but they were on Monday, but they were Progress cannot be achieved towards the STOPGAP financing agreement.
Schumer said on the Senate floor on Tuesday that Democrats need a contract with GOP leaders to extend improved tax breaks for people who buy health insurance on the market of the Act on affordable price, which are to expire at the end of the year.
“During the day or two million Americans – millions – will receive notifications that their insurance premiums will increase on average 400 USD per month, 5000 USD per year,” said Schumer. “A middle class family cannot afford it. We want to renew these loans, among others in healthcare. But renew these loans so that people do not pay such a terrible increase.”
Schumer called republican claims that the Democrats want immigrants to have access to federal healthcare programs without legal status, such as Medicare and Medicaid, “total bull”.
“There is no money, nor a penny of federal dollars that go there. So why are they raising this? Because they are afraid to talk about the real problem, which is healthcare for American citizens, health care for people in need of healthcare and cannot afford these contributions,” said Schumer.
Without a up-to-date financing right before the start of the tax year at 12:01 on Wednesday, the government will start closing.
The consequences will be much wider than the 35-day closure that took place during the first term of Trump, when five of several government expenditure bills became the law.
This time it is not so and it is expected to close influence every department and agency to different degrees.
“Risk”
The Management Office and the Director of the Russ Vought budget also called on administrative officials of Trump Implement mass exemptions During prolonged financing.
Trump said during a press conference at the Oval Office on Tuesday that he did not want to close, but its administration can take wide actions to restructure the federal government if it begins.
“We can do things during exclusion, which are irreversible, which are bad and irreversible to them, such as cutting out a huge number of people, cutting out things they like, crossing the programs they like,” said Trump, referring to democrats. “So they take risks, closing, because because of the closure we can do medically and other ways, including benefits.”
