Congress has until March 14 to pass a spending bill that will keep the lights on in Washington.
- Associate Professor of Finance, Northwestern University
As Democrat and Republican leaders negotiate a potential spending deal to fund the government, the partial shutdown of 2013 offers some clues about the economic impact should they fail.
The threat to shut down the federal government to attain political goals appears to be an important factor in the budget negotiations.
Congress is working on a spending bill to avert another government shutdown. Scholars explain what’s in store if they fail.
The government has been partially closed since Dec. 22, making it the second-longest shutdown on record. A finance professor who studied the 2013 shutdown explains the economic impact.
With President Trump insisting on funding for his border wall and Democrats vehemently opposed, a partial government shutdown is possible. Here’s what it could mean for the economy.
The 2013 shutdown offers some clues as to what the impact will be now after Republicans and Democrats failed to agree to a short-term spending deal.
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