Business and Finance
Business and Finance
Thu, December 19, 2024
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A government shutdown could occur on Dec. 21. Here's what services and payments could be impacted.
Published on 2024-12-19 16:21:10 - CBS News
- With a federal spending bill now scrapped, the U.S. faces a possible government shutdown that could begin at 12:01 a.m. on Saturday, Dec. 21, when current funding is set to lapse. That raises questions about what types of services and payments could be impacted just days before the holidays.
The article from CBS News discusses the potential implications of a government shutdown in December 2024, particularly if former President Donald Trump wins the 2024 election and there's a divided Congress. Key points include that while Social Security payments would continue, other services like passport processing, IRS operations, and national park maintenance could be disrupted. Essential services like TSA and air traffic control would remain operational, but with potential delays due to unpaid workers. The shutdown could also affect food safety inspections, small business loans, and federal research. Trump has previously suggested he might shut down the government to force spending cuts, a strategy that could lead to significant disruptions in federal services and economic impacts.
Read the Full CBS News Article at:
[ https://www.cbsnews.com/news/government-shutdown-december-2024-social-security-tsa-donald-trump-what-to-know/ ]
Read the Full CBS News Article at:
[ https://www.cbsnews.com/news/government-shutdown-december-2024-social-security-tsa-donald-trump-what-to-know/ ]
Contributing Sources