Overview

• Federal operations partially halted at midnight on October 1 after Congress failed to pass full-year funding.
• The Congressional Budget Office estimates roughly 750,000 employees are furloughed daily with about $400 million in daily compensation costs.
• Politico-reported White House projections forecast GDP losses of about $15 billion per week, with a month-long pause cutting consumer spending by $30 billion and adding roughly 43,000 to unemployment.
• The administration’s internal estimates say as many as 1.9 million federal workers could be furloughed or required to work without pay.
• Politico reports OMB Director Russell Vought told House Republicans that mass layoffs could begin within one to two days, some aid programs will pause, and military pay would stop on October 15 if funding is not restored, as Vice President JD Vance signals plans to shrink the federal workforce.