A government shutdown occurs when
when Congress fails to pass the 12 annual appropriations bills that fund government operations before the start of the new fiscal year.
Without these bills, federal agencies cannot spend or obligate any money without an appropriation (or other approval) from Congress.
Government shutdowns can have a significant negative impact on the economy. They can lead to job losses, lost wages, and a decline in economic activity.
For example, the 2018-2019 government shutdown lasted for 35 days and cost the US economy an estimated $11 billion. It also led to the furlough of over 800,000 federal employees.
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