Seven Things To Know About Government Shutdowns I LPL Research
The government is likely to shut down on October 1, as Congress has failed to agree on some type of funding legislation for the 2024 federal fiscal year. Lawmakers are supposed to pass 12 different spending bills to fund agencies across the government, a laborious and very time-consuming process. If there is no resolution before October 1, the first day of the federal fiscal year, a full shutdown will occur, the first since 2013. Here are seven things to know about government shutdowns:
Seven Things to Know about Government Shutdowns | LPL Financial Research (lplresearch.com)