Overview

• A GOP short‑term funding bill failed 55–45 in the Senate, below the 60 votes needed, and the chamber is not meeting Thursday, with further votes expected later this week according to reports.
• The CBO estimates roughly 750,000 federal employees could be furloughed, with agencies already scaling back operations and daily costs estimated near $400 million.
• The Bureau of Labor Statistics will halt key releases, including Friday’s U.S. jobs report, leaving policymakers and markets without timely employment and inflation data.
• Essential services continue with many employees working without pay, as the FAA furloughs about 11,000 staff and keeps roughly 13,000 air traffic controllers on duty, and DHS maintains operations with thousands on leave.
• OMB Director Russell Vought directed an “orderly shutdown,” and President Donald Trump threatened permanent workforce reductions and cuts to agencies he portrays as aligned with Democrats.