A government shutdown is just hours away and lawmakers are scrambling to come up with a plan. If Congress doesn’t agree on a measure, the shutdown goes into effect at 12:01 a.m. Saturday.
Each year, Congress must pass a spending bill to keep the government running. That’s supposed to happen by Oct. 1. Now, after continuing resolutions, Friday is the new deadline. Two measures have failed already.
Experts from EY tell Entrepreneur that a government shutdown could leave “a visible mark on the economy.”
“We estimate that each week of a government shutdown will cost the U.S. economy $6 billion,” says EY Chief Economist Gregory Daco.
What services would be affected by a
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