After nearly a month of standoff between Congress and President Trump, the first signs of a possible breakthrough have emerged. On Monday, leaders of both chambers held negotiations to resolve the federal crisis.
What happened:
The suspension of the government has lasted 34 days — close to a record high.
Critical programs are under threat: support for the needy, military salaries, airport operations.
1.7 trillion dollars of additional funding ( approximately one third of the annual budget of the USA ) remains frozen
Current situation:
Thousands of federal employees have been sent on unpaid leave, the economy is losing money every day. Since the beginning of October ( when the new financial year was supposed to begin ) both parties have held several private meetings, but a consensus has not yet been reached.
Why it matters: Every day of downtime exacerbates economic damage. The question is no longer whether the crisis will be resolved, but when — and at what cost.
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Deadlock in Washington: Congress seeks a way out of the 34-day crisis
After nearly a month of standoff between Congress and President Trump, the first signs of a possible breakthrough have emerged. On Monday, leaders of both chambers held negotiations to resolve the federal crisis.
What happened:
Current situation: Thousands of federal employees have been sent on unpaid leave, the economy is losing money every day. Since the beginning of October ( when the new financial year was supposed to begin ) both parties have held several private meetings, but a consensus has not yet been reached.
Why it matters: Every day of downtime exacerbates economic damage. The question is no longer whether the crisis will be resolved, but when — and at what cost.