FOX 2 – Important companies like Medicare, Medicaid and the TSA will stay amid the federal authorities shutdown — however different areas of life can be impacted.
The backstory:
Some federal places of work are scaling again amid the shutdown till a finances is labored out in Washington DC.
For instance, about 41 % of Division of Well being and Human Providers staff will possible be furloughed.
Then, there are questions in regards to the financial impression. In 2018-2019 when there was a authorities shutdown, it price the US authorities about $11 billion.
“I feel the large query is how lengthy it lasts,” stated Dr. Michael Greiner of Oakland College. “If we’re going to have an extended shutdown, then sure, it’ll actually damage the financial system.
“We’re already coping with numerous components that appear to be indicating the financial system is in bother – each by way of hiring and by way of inflation. Frankly, this might solely make issues worse.”
The Supply: Data for this story is from an interview with Dr. Michael Greiner of Oakland College.
WASHINGTON, DC – OCTOBER 01: The U.S. Capitol Guests Heart is closed to guests in the course of the federal authorities shut down on October 01, 2025 in Washington, DC. The federal government shut down early Wednesday after Congress failed to succeed in a funding deal.
