Here's what will happen if the government shuts down
CNBC Television·2025-09-29 18:30
Government Shutdown Impact - A full government shutdown is anticipated if lawmakers fail to reach a funding agreement by the end of tomorrow [1] - The shutdown could delay loans to small businesses and farmers, and cause longer lines at airports [2] - Millions of federal workers and contractors may face no pay [2] Economic Impact - Moody's estimates that each week of the shutdown will reduce the quarter's GDP growth by approximately 0.1% [3] - The US travel association estimates the travel industry could lose $1 billion each week of a shutdown [3] - The White House is considering massive federal government layoffs, potentially impacting hundreds of thousands of employees [4]