Washington, D.C. – The federal government is barreling toward a shutdown on October 1, 2023 if Congress cannot agree on a budget or continuing resolution. With only days left before current funding expires, lawmakers have yet to find common ground, raising the risk of disrupted services and economic impacts.
The government has been operating on stopgap measures since the 2022 fiscal year ended September 30. The latest continuing resolution expires this Friday, September 30, meaning Congress has just days left to act before funding lapses.
Why a Shutdown Looms
A shutdown looms because Democrats and Republicans have not reconciled competing budget priorities. Democrats aim to increase domestic spending, while Republicans push for more defense funding. Sticking points also include policy issues like immigration and healthcare.
“There is no clear path forward at this point,” said Senate Majority Leader Chuck Schumer. “We continue negotiating in good faith to keep the government open, but compromise will be needed on both sides.”
Consequences of a Shutdown
A full government shutdown starting October 1 would have sweeping impacts on federal services and employees.
- Roughly 800,000 federal workers would be furloughed without pay.
- National parks, museums, and monuments would close.
- Many federal services and benefits would stall, including passport processing, small business loans, and IRS customer service.
- Economic activity would slow by an estimated $3 billion per day, per the Congressional Budget Office.
“A shutdown would bring far-reaching disruption and uncertainty,” said House Speaker Nancy Pelosi. “We must work urgently to avoid this outcome.”
Preparing for a Potential Shutdown
With the risk of a shutdown rising, experts advise taking preparations:
- Stock up on prescription medications and essential supplies.
- Review personal finances and budget for a disruption in income.
- Prepare for travel delays if TSA and air traffic control are impacted.
- Check the status of upcoming federal benefits and plan accordingly.
- Follow official government sources for updates as talks continue.
Congress has until midnight on Friday, September 30 to pass legislation to fund the government. But with gaping divides still remaining, citizens and agencies alike are bracing for the growing possibility of a shutdown next week.
