News federal government shutdown

Here are the latest updates on the federal government shutdown:

Latest Developments:

• The partial government shutdown has entered its 26th day, making it the longest shutdown in U.S. history.
• The shutdown began on December 22, 2018, after Congress failed to pass a spending bill to fund nine federal departments and agencies.
• The main sticking point is a dispute over funding for a border wall along the U.S.-Mexico border, which President Trump has demanded.
• Democrats have refused to provide funding for the wall, citing concerns over its effectiveness and the cost.
• The shutdown has affected approximately 800,000 federal employees, with around 400,000 being furloughed and the rest being required to work without pay.
• The shutdown has also impacted various government services, including national parks, food assistance programs, and small business lending.

Recent Events:

• On January 15, President Trump delivered a prime-time address from the White House, urging Congress to pass a spending bill that includes funding for the border wall.
• The next day, House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer responded with a joint statement, rejecting the President's proposal and calling for a compromise.
• On January 17, the Senate voted on a spending bill that did not include funding for the border wall, but it failed to pass due to Republican opposition.
• On January 18, the House of Representatives passed a spending bill that included funding for the border wall, but it is unlikely to pass the Senate.

Impact on the Economy:

• The shutdown has already had a significant impact on the economy, with estimates suggesting that it has cost the country around $3 billion per week.
• The shutdown has also affected consumer confidence, with many Americans delaying major purchases and investments due to the uncertainty.
• The Federal Reserve has warned that the shutdown could have long-term consequences for the economy, including a potential recession.

What's Next:

• The shutdown is likely to continue until a compromise is reached on funding for the border wall.
• President Trump has threatened to declare a national emergency to build the wall without congressional approval, but this move is likely to be challenged in court.
• Democrats are pushing for a compromise that would provide funding for other government programs and services, while Republicans are insisting on funding for the border wall.
• The shutdown is expected to continue until at least the end of the month, with many experts predicting that it could last for several more weeks or even months.