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e. In the United States, government shutdowns occur when funding legislation required to finance the federal government is not enacted before the next fiscal year begins. In a shutdown, the federal government curtails agency activities and services, ceases non-essential operations, furloughs non-essential workers, and retains only essential ...
Government shutdowns, in United States politics, refer to a funding gap period that causes a full or partial shutdown of federal government operations and agencies. They are caused when there is a failure to pass a funding legislation to finance the government for its next fiscal year or a temporary funding measure.
Omnibus spending bill. An omnibus spending bill is a type of bill in the United States that packages many of the smaller ordinary appropriations bills into one larger single bill that can be passed with only one vote in each house of Congress. There are twelve different ordinary appropriations bills that need to be passed each year (one for ...
(Reuters) - U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1.
Lawmakers have just four days to pass annual budget legislation that would prevent the fourth partial shutdown of the U.S. government this decade, but according to Jan Hatzius, Goldman Sachs ...
The debt ceiling is the amount of money the U.S. government is legally allowed to borrow in order to pay its bills on pre-existing debt. Pre-existing is the important term here, as it indicates ...
A shut-in is a person confined indoors, especially as a result of physical or mental disability. Agoraphobe. Recluse. Invalid, or patient. Hikikomori, a Japanese term for reclusive adolescents or adults who withdraw from social life.
The most expensive government shutdown in history cost about $3 billion. The odds are increasing daily that the price tag of a possible sequel this fall could run even higher.