Bullet points of The US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out
Bullet points of The US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out
- If Congress fails to pass a stopgap bill by September 30, a partial government shutdown could occur, impacting the US economy ahead of the 2024 election.
- Moreover, East Coast and Gulf Coast ports face a shutdown if a union contract isn't renegotiated by the same date.
- The repercussions of these events include furloughed workers, disrupted services, and potential economic losses.
- The looming threats highlight the need for immediate negotiations and resolutions to avoid detrimental effects on the economy and citizens.
- If Congress fails to pass a stopgap bill by September 30, a partial government shutdown could occur, impacting the US economy ahead of the 2024 election.
- Moreover, East Coast and Gulf Coast ports face a shutdown if a union contract isn't renegotiated by the same date.
- The repercussions of these events include furloughed workers, disrupted services, and potential economic losses.
- The looming threats highlight the need for immediate negotiations and resolutions to avoid detrimental effects on the economy and citizens.