Summary
The U.S. government shutdown, which started on October 1, has now reached its third week, and there is no clear end in sight. Treasury Secretary Scott Bessent says the shutdown is beginning to impact the economy. House Speaker Mike Johnson stated the shutdown might be the longest in U.S. history unless Democrats agree to pass a budget without their current demands.
Key Facts
- The U.S. government shutdown began on October 1 and is in its third week.
- Treasury Secretary Scott Bessent warned that the shutdown is affecting the economy.
- House Speaker Mike Johnson said he will not negotiate with Democrats unless they pass a budget without their demands.
- Democrats want any funding bill to include an extension of health insurance subsidies and reverse Medicaid cuts.
- President Trump directed the Defense Secretary to ensure military paychecks are issued on time despite the shutdown.
- The Defense Department identified $8 billion from previous funds to cover military pay if the shutdown continues.
- Federal workers are facing layoffs or working without pay due to the shutdown.
