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Due a to deal struck in September, most of the federal government (funded by the 12 annual appropriations bills extend in September) faces a shutdown if new funding or a new resolution is not signed into law by the end of the day, Thursday November 21.
Unlike last years's shut-down that impacted slightly less than half of the federal government, the funding set to expire November 21 would impact most of the government, and the legislative branch. This facet makes it particularly interesting as the GOP-controlled Senate and White House could ostensibly use shutdown to force the House's ongoing investigation to go forward on an unpaid basis.
Such a strategy by Trump and his supporters would carry substantial risk both politically (more than half of Americans blamed Trump for last year's shutdown) and economically, as the increasingly precarious U.S. economy has been well-supported by consumer spending and consumer confidence over the past two quarters. A shutdown at the end of November and stretching into the holiday payroll season would likely damage one of the most important periods for the segments of the U.S. economy that are consumer driven. Anticipating these results would also likely cause a sell-off on Wall Street.
Unlike last years's shut-down that impacted slightly less than half of the federal government, the funding set to expire November 21 would impact most of the government, and the legislative branch. This facet makes it particularly interesting as the GOP-controlled Senate and White House could ostensibly use shutdown to force the House's ongoing investigation to go forward on an unpaid basis.
Such a strategy by Trump and his supporters would carry substantial risk both politically (more than half of Americans blamed Trump for last year's shutdown) and economically, as the increasingly precarious U.S. economy has been well-supported by consumer spending and consumer confidence over the past two quarters. A shutdown at the end of November and stretching into the holiday payroll season would likely damage one of the most important periods for the segments of the U.S. economy that are consumer driven. Anticipating these results would also likely cause a sell-off on Wall Street.
Congress could navigate a shutdown and a presidential impeachment inquiry if lawmakers and the Trump administration can’t reach an agreement on government funding during the next three weeks.
The two events haven’t overlapped before in the nation’s history. If that happens next month, however, roughly 2 million federal workers would get hit in their wallets as the holiday season begins, including staffers working on the impeachment proceedings.
. . .
None of the dozen fiscal 2020 spending measures have been enacted, and top appropriators aren’t particularly hopeful for resolution in the 10 legislative days left when both chambers are in session before Nov. 21, when current stopgap funding expires.
And unlike the 34-day shutdown that began last December, which affected about 40 percent of federal workers, a shutdown starting Nov. 22 would affect all Cabinet departments and congressional staff, just as they are about to receive their last paychecks before the holiday shopping season begins.
By contrast, last year’s shutdown didn’t begin until Dec. 22. The second-longest shutdown in history, a 21-day lapse, began Dec. 16, 1995. And in both instances, the Legislative Branch spending bill had already become law, sparing congressional staff.
That’s not the case this time. House employees could lose a week’s worth of November salary in their end-of-month Black Friday paychecks, if lawmakers don’t cut a deal before they leave town for the Thanksgiving recess.
Senate staff, who normally would be paid Dec. 5 for the last two weeks of November, could see their paychecks cut by more than half, and on Dec. 20 wouldn’t get paid at all if the shutdown persists.
Most federal agency employees would feel the pinch in their mid-December pay dates, typically Dec. 13 or Dec. 16. According to Office of Personnel Management shutdown guidance, payroll processing for pre-shutdown work is an “excepted” activity that continues during a shutdown.
Impeachment on collision course with possible shutdown - Roll Call
Congress could navigate a shutdown and a presidential impeachment inquiry if lawmakers and the Trump administration can’t reach an agreement on government funding during the next three weeks. The two events haven’t overlapped before in the nation’s history. If that happens next month, however...
www.rollcall.com