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US government shutdown may last weeks, analysts warn
The shutdown stems from disputes over health care subsidies that could double premiums for 24 million Americans, costing the economy an estimated $11 billion, officials said.
- On Oct 6, the US government shutdown entered its second week after funding lapsed at 12:01 a.m. Oct. 1, halting many federal operations as analysts warned it could drag on for weeks.
- After a Sept. 30 Senate vote failed to pass a CR, Democrats demanded extensions of expiring ACA health insurance tax credits and voted down the House funding bill four times.
- Hundreds of thousands of federal workers have been furloughed and face pay withholding from Friday, while the Congressional Budget Office estimates the shutdown cost about $11 billion.
- The White House has threatened permanent layoffs, saying it has begun firing federal workers and frozen infrastructure funds to escalate budget pressure.
- Treasury Secretary Scott Bessent warned the shutdown could harm GDP growth, while Democrats say 24 million Americans could see premiums double next year; Jeff Le said, `I could see a temporary agreement coming from both parties by the end of October.
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Congress Remains Deadlocked as Shutdown Enters Week 2
With the government shutdown now entering its sixth day, President Donald Trump is warning that mass layoffs of federal workers are coming, but the threats have not stopped Democrats from holding firm that healthcare provisions must be a part of any deal to reopen the government. NBC’s Ryan Nobles reports for TODAY.
·United States
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US federal shutdown enters 6th day as threat of layoffs looms
WASHINGTON: The United States government shutdown entered its sixth day on Monday (Oct 6), with President Donald Trump's Republicans and congressional Democrats still at an impasse and the White House threatening to ramp up pressure by
·Singapore
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Total News Sources94
Leaning Left10Leaning Right16Center40Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
15%
C 61%
R 24%
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