Government shutdown enters Day 22
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As Republican and Democratic lawmakers trade blame for the U.S. government shutdown, some have begun to worry that the impasse is ceding their authority over federal spending to an increasingly assertive President Donald Trump.
Government shutdowns have become a recurring feature of US politics, the product of partisan standoffs over spending that force federal agencies to halt a wide range of services. The latest shutdown — the third under President Donald Trump across his two terms — began at midnight on Oct.
The national debt is rising faster than ever and threatens to undermine confidence in the economy, experts warn.
Three weeks into a U.S. government shutdown, Republicans who control Congress have begun talking about possible next steps in what has been a
Today will mark day 24 of the federal government shutdown due to disagreements in the U.S. Senate over continuing funding resolutions between Republicans and Democrats, with the impasse likely to continue until at least the beginning of November.
General government gross debt will rise by more than 20 percentage points from now to reach 143.4 per cent of the country’s GDP by the end of the decade.
The U.S. budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year as an increase in revenue from President Donald Trump's tariffs and cuts to education spending helped offset higher outlays on healthcare and retirement programs and interest on the debt,
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US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic
The U.S. government's gross national debt has surpassed $38 trillion during the federal shutdown, marking a record high
Our correspondents and reporters explain the latest on the shutdown, as federal workers miss paycheques and some government services are suspended.
Booz Allen slashed its outlook for the year and trimmed its workforce further as it faces a prolonged and severe slowdown in government-contract funding, particularly in its civil sector.