Overview

• Roughly 750,000 federal employees face furloughs, with an estimated $400 million in daily lost pay, the Congressional Budget Office said.
• The Bureau of Labor Statistics will not release Friday’s jobs report, and other key economic data may be delayed.
• Budget director Russ Vought froze about $26 billion in approved funds, including roughly $18 billion for New York transit and $8 billion for climate and energy programs in Democratic-led states.
• Agencies were told to prepare reduction-in-force plans as the White House warns layoffs could begin within days, a shift unions are challenging in court.
• Competing Senate stopgap bills failed to reach 60 votes, informal talks are underway without a deal, and Democrats say they will not back funding without extending ACA subsidies to avert sharp premium hikes.