Summary of The US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out
Summary 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.
quoting nevent1q…62nuThe US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out
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https://www.yahoo.com/news/us-economy-could-hit-double-001649389.html
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.