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U.S. government shuts down as Trump and Congress fail to reach a funding deal
- The U.S. government began a shutdown on Wednesday after President Trump and Congress failed to reach a funding agreement by midnight.
- The shutdown followed repeated Senate votes failing to pass spending bills amid deep partisan divisions over health care subsidies and budget priorities.
- Approximately 750,000 federal employees are furloughed, with essential services like Medicare, the Pentagon, and Homeland Security continuing to operate despite staffing shortages.
- The Congressional Budget Office estimated the shutdown could cost $400 million daily in lost pay and warned economic fallout could ripple nationwide depending on shutdown length.
- The shutdown underscores ongoing political deadlock, with no clear resolution in sight and significant impacts expected on government operations and workers' livelihoods.
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Bitcoin is up as the U.S. government shuts down. Will the crypto rally last?
The U.S. government has shut down. Last night, Congress failed to pass a new funding bill that would have kept the federal government operating normally. However, at 12:01 a.m. today, the existing funding bill ceased to be in effect, and with no new one in place, large parts of the government are now shut down. Fast Company has previously explored how the government shutdown will affect everyone, from Social Security recipients to travelers and …
Coverage Details
Total News Sources607
Leaning Left127Leaning Right61Center212Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 32%
C 53%
15%
Factuality
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