As the shutdown drags on, here’s how it can drag down the economy
Update: 2025-10-31
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**Summary:**The federal government shutdown, now in its fourth week, is causing significant economic strain, with potential long-term damage to the job market and everyday lives. The shutdown's impact on consumer spending and market confidence could lead to a prolonged economic downturn. Meanwhile, the debate over funding for health insurance subsidies under the Affordable Care Act is causing further uncertainty, threatening to increase health insurance premiums and cut early education programs for children. The longer the shutdown lasts, the more severe the economic consequences could be, particularly for middle and lower-income households.
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