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U.S. Government Partially Shuts Down After Senate Fails to Pass Stopgap

A clash over expiring health subsidies blocked a Senate bridge funding plan, triggering furloughs and suspended economic data.

Overview

  • Roughly 750,000 federal workers face furloughs or unpaid work after OMB ordered agencies to carry out an 'orderly shutdown.'
  • The FAA is sending about 11,000 employees home while 13,000 air traffic controllers continue working without pay.
  • The Bureau of Labor Statistics is halting key releases, including Friday’s U.S. jobs report, disrupting market and policy signals.
  • The Senate again rejected a Democratic motion on Wednesday, keeping the impasse in place after a GOP stopgap fell short at 55 votes.
  • President Donald Trump has threatened firings, blamed Democrats, and moved to freeze $18 billion for New York transit projects to increase pressure.