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The Latest Breaking News from Government Shutdown

Markets Today: Stocks Gain on Lower Bond Yields

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.37%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.36%. Stock index futures this morning are mildly higher as bond yields move lower. The 10-year T-note yield fell back from Tuesday’s 16-year high on dovish comments...

Barchart

What will this government shutdown shut down? Social Security and the IRS keep going; SBA loans and some food and safety inspections do not

The U.S. is moving toward a government shutdown. House and Senate appropriators are divided on spending levels, policy riders and additional items, such as support for Ukraine.

The Conversation

Former Speaker Paul Ryan says Republicans will lose if Donald Trump is nominee

Former House Speaker Paul Ryan says that Republicans will lose the presidential election if Donald Trump is the nominee and that he expects hard-right followers of Trump to force a government shutdown within days

The Independent UK

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With federal shutdown looming, what does it mean for Chicago and the state?

The clock is loudly ticking toward an Oct. 1 deadline. If the shutdown happens, the impact will reverberate across the city and Illinois.

Chicago Sun-Times

US Senate announces stopgap measure to avert impending government shutdown

Republicans and Democrats have agreed to a deal for six weeks of short-term funding, but it faces hurdles in the House.

Al Jazeera

How the Government Shutdown Could Disrupt Your Travel Plans

A look at how a government shutdown could disrupt travel plans, which would have a great impact the longer a shutdown goes on.

Kiplinger

Government shutdown threat shows GOP extremists have no interest in governing

House Speaker Kevin McCarthy is unwilling to stand up to extremists in his caucus and risk losing his position, which he has thus far squandered by pandering to conspiracy theorists and cynical opportunists.

Chicago Sun-Times

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What a government shutdown would mean for Medicare beneficiaries

A 2023 shutdown would mean potential hardship for a wide swath of Americans. There’s good news for some, however, and that includes Medicare recipients.

Fortune

How Medicare Is Affected by a Government Shutdown

A look at how Medicare is affected by a government shutdown, as well as other government-related health care.

Kiplinger

What Would a Government Shutdown Do to the IRS?

With a government shutdown looming, some wonder how IRS operations will be affected.

Kiplinger

Will the Government Shutdown Result in 'Hunger for Millions' as Reuters Claims?

When you use incorrect stats to bolster your claims, as Reuters did, all kinds of foolish conclusions follow.

Reason

Shutdown would mean fewer visitors at Capitol complex, and fewer open doors - Roll Call

A government shutdown would curtail the number of doors open on the Capitol complex and halt all Capitol Police training exercises.

Roll Call

Will US lawmakers avert looming government shutdown? All you need to know

Hardline Republicans urging deep spending cuts are bringing US gov’t to brink of shutdown as October 1 deadline looms.

Al Jazeera

Economist Peter Schiff Suggests Suspending Taxes During Government Shutdown

Noted economist Peter Schiff proposes suspending federal taxes if government services are halted

Zenger

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The Independent UK

Not again. Federal workers who've weathered past government shutdowns brace for yet another ordeal

Across the country, federal workers still stung by memories of past government shutdowns are bracing for the possibility of another extended closure

The Guardian - US

Senate votes to advance stopgap funding bill to avoid shutdown – as it happened

The 79-page stopgap spending bill would not include any border security measures, a major sticking point for House Republicans

WEKU

Up First briefing: Biden visits UAW; Congress tackles shutdown; Olympic doping hearing

Biden will make a historic visit to picketing autoworkers. Congress returns four days before a potential government shutdown. A hearing for Kamila Valieva's Olympic doping scandal begins today.

France 24

US officials warn of shutdown effects as House prepares to vote on govt funding bills

With a possible US government shutdown just five days away, the House of Representatives is set to try to advance steep spending cuts even if the bills are likely to be rejected by the Democrat-controlled Senate. If Congress fails to provide funding for the fiscal year starting October 1, services…

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WEKU

Washington prepares for the shutdown that was never supposed to happen

The Senate will vote today to start debate on a bipartisan stop-gap spending bill with funding for Ukraine and disaster relief. Even if the Senate is able to pass it, House action is unclear.

The Guardian - UK

US government shutdown bad for credit rating, Moody’s warns; UK economy ‘close to stagnation’ – as it happened

Rolling coverage of the latest economic and financial news

The Independent UK

Stock market today: Asian shares dip with eyes on the Chinese economy and a possible US shutdown

Asian shares are mostly sinking over worries about a possible U.S. government shutdown and the troubled Chinese economy

The Independent UK

With a government shutdown just days away, Congress is moving into crisis mode

With five days to go before a government shutdown, Congress returns to work in crisis mode

Chicago Sun-Times

Democrats blast House Republicans for planned forum on Chicago crime instead of working to avert a government shutdown

Republican members of the House Judiciary Committee plan to blame violent crime in Chicago on Cook County State’s Attorney Kim Foxx at a Tuesday forum at the city’s Fraternal Order of Police office.

Kiplinger

How Social Security Is Affected by a Government Shutdown

Will your Social Security check be derailed or delayed by a government shutdown? What services might be paused? We've got answers.

Reason

Are Government Shutdowns Good for Limited Government?

Plus: A listener asks whether younger generations are capable of passing reforms to entitlement spending.

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