The government shutdown is reaching a tipping point that could send the economy into a downward spiral
MarketWatch·2025-10-22 15:48

Core Points - The ongoing government shutdown is creating significant economic challenges, marking the second-longest shutdown in U.S. history [1] Group 1: Economic Impact - Federal workers are missing paychecks, which is likely to reduce consumer spending and negatively affect local economies [1] - Risks to SNAP (Supplemental Nutrition Assistance Program) benefits could lead to increased food insecurity among low-income families, further straining the economy [1] - Companies are facing delays in obtaining necessary permits, which can hinder business operations and growth prospects [1]