All right, it is day 23. Day 23 of the government shutdown and the effects are hitting communities across the nation. From missed paychecks to threats to food services, millions of Americans are feeling the strain.But Donald Trump is focused on something else entirely. You know it, the White House itself. Donald Trump has torn down the entire east wing of the White House, which belongs to the American people, to add a ballroom named after himself.It's something President Barack Obama actually joked about 14 ...

Senate Democrats blocked a Republican measure aimed at paying military troops and some federal workers during the US government shutdown in the latest sign the spending deadlock shows no sign of ending https://t.co/A07FXoFmny ...

Most European governments have spent too little on defence. But puniness is not the continent’s only problem. We explain why many countries also have the wrong sorts of forces https://t.co/DCJLHFgHcV ...

The UK could reduce inequality and strengthen the public finances by shifting government spending toward investment from welfare, wages and other overheads, the IMF said https://t.co/ooSifJ5w8u ...

The Trump administration is using the shutdown to fire a chunk of the federal workforce. Look, it's likely going to be in the thousands. It's a very good question.And that's something that the Office of Management and Budget and the entire team at the White House here, again, is unfortunately having to work on today. We believe that it's completely illegal. And that's why we filed a lawsuit against these type of actions.Well, I mean, this could be sort of like Doge 2.0% slashing and burning their way throug ...

A Japan bond auction eased investor nerves over concerns that Sanae Takaichi's near-certain elevation to the country's premiership will trigger more government spending and fan inflation: Here is your Evening Briefing. https://t.co/fbaEAcx6n2 ...

Core Insights - The ongoing government shutdown is expected to last until at least October 15, with a 70% probability of extending beyond that date, primarily due to budgetary disagreements between Democrats and Republicans [1][2][3] Budgetary Disagreements - The impasse is largely centered around healthcare spending, with Republicans proposing cuts while Democrats seek to maintain and extend enhanced Affordable Care Act (ACA) subsidies, which could add $1.5 trillion to the national debt over the next decade [4] Market Impact - Historically, government shutdowns have had minimal impact on the stock market, with the S&P 500 often performing well during such periods; for instance, during the 2018 shutdown, the S&P 500 rose by 10% [6] - Essential services like Social Security are expected to remain unaffected by the shutdown, alleviating some concerns regarding public benefits [5] National Debt Concerns - Despite the shutdown, government spending continues unabated, contributing to a rapid increase in national debt, which has risen by $1.7 trillion in less than three months, approaching $38 trillion [7] - The prolonged shutdown underscores ongoing fiscal challenges, with investors focusing on the implications of sustained government spending rather than the temporary nature of the shutdown [8] Price Action - The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust ETF (QQQ) experienced declines, with SPY down 0.0015% and QQQ down 0.42% [10]

Japanese defense and tech shares soared on speculation they’ll benefit from more government spending, as pro-stimulus conservative Sanae Takaichi looks likely to become the nation’s next prime minister https://t.co/TvzB6DRJa8 ...

Spending Trends - UK spending on children with educational needs and disabilities has risen by two-thirds over the past decade [1] - The spending has reached £16 billion [1]

The US government pays $1.2 trillion on its interest expense alone.Shutting down the government is unironically the best cost-cutting measure in decades. https://t.co/lMyyhqHx4h ...