The current US government shutdown poses greater economic risks than previous ones, with President Trump threatening permanent job cuts and the economy already facing challenges. While past shutdowns had minimal economic impact, this one could affect roughly 750,000 federal employees. Economists warn that prolonged closures could significantly slow economic growth, especially as the job market shows signs of strain. Crucial government benefit payments, however, are not expected to be disrupted.
Prepared by Christopher Adams and reviewed by editorial team.
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