President Trump to meet with Congressional leaders today

Government Shutdown Risk - A US government shutdown is looming within 36 hours, with congressional leaders meeting with the President to seek a resolution [2] - The mood in Washington DC suggests a shutdown is likely, although the meeting could be a turning point [3] - Disagreements between Republicans and Democrats over healthcare provisions, specifically Affordable Care Act premium tax credits impacting 20 million Americans, are a key sticking point [4] Economic Impact - A government shutdown would halt the release of economic reports, including the widely watched jobs number [5] - Longer shutdowns extending into October would hinder data collection for key economic indicators like PPI, CPI, and jobs data, potentially impacting data accuracy [7][8] - Moody's predicts each week of a shutdown would shave 0.1% off quarterly GDP growth [9] Impact on Federal Workers - Millions of federal government workers and contractors face potential pay delays or non-payment during a shutdown [9] - While federal workers typically receive back pay, federal contractors may not, impacting businesses [10] - Mass layoffs of federal employees could begin if a government shutdown starts on Tuesday at midnight [10]