Government shutdown

Key Takeaways: Troops Will Be Paid: President Trump ordered the Pentagon to use $8 billion in unused research and development funds to ensure military members receive paychecks during the government shutdown. Shutdown Blame Game: The standoff stems from Democrats’ refusal to pass a...

Key Takeaways: Wasteful Spending Exposed: Vice President JD Vance says Obamacare’s expanded tax credits are riddled with waste and fraud, benefiting insurers instead of working Americans. Democrats Blocking Solutions: Republicans accuse Chuck Schumer and Senate Democrats of “hostage taking,” refusing to reopen the...

Key Takeaways: Elitist Disconnect: Chuck Schumer’s comment that “every day gets better” highlights how disconnected Washington Democrats have become from the financial pain gripping military families, small businesses, and workers. Real Economic Fallout: The Democrat Shutdown has left service members unpaid, air traffic...

Key Takeaways: Nationwide Travel Disruptions: More than 2,000 flights were delayed and 50 canceled Wednesday as staffing shortages crippled FAA control centers from Washington to Los Angeles. Shutdown Fallout: The government shutdown has left many federal workers, including air traffic controllers, uncertain about...

Key Takeaways: IRS Cuts Nearly Half Its Staff: About 34,000 IRS employees have been furloughed as the government shutdown drags into its second week, leaving call centers closed and key services stalled. Essential Functions Continue: Only 54 percent of the workforce will remain...

Key Takeaways: Markets Expect Delay: Prediction markets Kalshi and Polymarket show traders betting heavily that the federal shutdown will last more than two weeks, with millions of dollars already wagered. Democrats Blamed for Stalemate: President Trump placed responsibility squarely on Democrats who voted...

Key Takeaways: Nationwide Economic Impact: The Council of Economic Advisers warns the shutdown could cost the U.S. 15 billion dollars in GDP each week, with job losses and spending declines in every state. Families on the Line: Critical programs like WIC and SNAP...

Key Takeaways Massive Economic Hit: Each week of shutdown costs the U.S. economy about $15 billion and risks tens of thousands of jobs — proof gridlock has real consequences. Families and Businesses Squeezed: Small business loans stall, airport delays mount, and...

Key Takeaways Democrats to Blame: A clean GOP continuing resolution would have kept the government open, but Democrats demanded $1 trillion in new spending and Obamacare subsidies, choosing shutdown instead. Republicans Stand Firm: President Trump and Senate GOP leaders stressed they...

Key Takeaways Data Blackout Looming: A government shutdown would halt Labor Department releases on jobs and inflation, forcing the Fed to rely on alternate data ahead of its Oct. 28–29 meeting. Fed’s Backup Plan: Chicago Fed President Austan Goolsbee says the...