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Government-Shutdown1Several federal agencies may shut down at midnight if an agreement is not reached by lawmakers. You may be wondering why this is happening and what does it mean for the nation. Well, here’s the low-down on how a government shutdown would impact your life.

Each year, Congress is required to approve laws that provide funding for federal agencies. These “laws” are known as appropriations. Unfortunately, Congress failed to pass appropriations this past fiscal year and a battle between Republicans and Democrats over the Obama administration’s new healthcare law is delaying any action from taking place to keep the government running.

If the government shuts down, several of the federally operated places that we love (or hate) to visit and services that we need to survive will no longer function or be severely delayed. This includes national parks, IRS call centers, passport processing, and trash collection. Additionally, federal employees will be furloughed — meaning that they will not be paid during the shutdown. Essential-service employees, such as postal workers and food inspectors, will continue to report to work. Social Security and Medicare programs will not be affected.

The resulting economic impact depends greatly on the length of the shutdown. If Congress gets its act together soon, then the shutdown will only last for a few days and the impact would be small. However, with time the economic strength that the nation has gained slowly since the recession could be severely affected if the shutdown lasts for a while. This would be the first time in 17 years that the federal government would have to shut down because of party disputes.

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  • Dysfunction at its finest.

  • Me27

    I work for the government. So I would be out of work and possibly lose a few days worth of pay…

  • I need a hearing date for my disability claim. I guess I’ll have to wait on that.

  • naan

    today in class we were discussing this and when my teacher mentioned “IRS” it dawned on me that the tax return I have been patiently waiting on since Spring will face ANOTHER set back after it had already been set back because the IRS wanted me to prove my case.

    i’m taking 18 hours and am trying to graduate in May. I decided it was in the best interest of my family to not work this year and just finish school.

    i am hoping that my tax advocate will be allowed to pick up the phone tomorrow. i think they are “volunteers” so maybe there is some sort of loophole?

    :-(

    With that being said, such hiccups are exactly why I keep holding off getting a weave– 3 packs of hair a closure will run me about 400. lol. #RealLIFE Looks like I wont get one until NEXT year! I want a new look so bad, I think I may request my family to buy it for me as a graduation gift! lol #LetMeStop

  • Eduardo

    This whole situation is sillier than a Gilmore Girls episode -substance drowned in fluff. The back-and-forth between Republicans (fix bayonets!) and between Dems and Reps is kind of amusing, but if they keep at it too long they’ll wreck what’s left of the economy. If this is a taste of things to come, the 2016 election could be one of the nastiest in history.