How Will US Government Shutdown Affect Student Loans, Low-Income Americans
NDTV
The political logjam comes after the Republicans demanded the Joe Biden-led government slash budgets and cut down funding for the Ukraine war.
The US government is likely to go into a shutdown from this weekend as the Congress looks set to miss the Saturday deadline to fund federal agencies. The political logjam comes after the Republicans, who have a majority in the House of Representatives, demanded the Joe Biden-led government slash budgets and cut down funding for the Ukraine war.
While the Senate, led by Democrats by a seat, tried to adopt a bipartisan approach to keep the government afloat, the Republicans were in no mood to concede ground until their demands were met. The shutdown will impact air travel, national parks and marriage licenses.
The US federal budget starts on October 1. So the shutdown comes into effect at 12:01 am on October 1 if Congress fails to pass a funding plan that the President signs into law. Nobody can predict how long the shutdown will last.
