Impact of the looming US government shutdown? It seems very likely that Congress isn't going to agr

[human1234]

Impact of the looming US government shutdown?

It seems very likely that Congress isn't going to agree to a budget on March 14. During the first Trump administration in 2018 there was a 35-day federal shutdown, the longest in US history. The S&P was down heavily during this time. This shutdown might be even longer, since the GOP may see it as a way to get feds to quit/cut funding to agencies, while Dems see it as the only leverage they have.

With the current chaos in global events, could a prolonged government shutdown drag down the market even further or is that already priced in?

https://www.reddit.com/r/stocks/s/dMFYvovYE0

[enigmatic]

Will they default on debt? Adi ayithe risky. Otherwise light 

[Anta Assamey]

[human1234]

https://www.npr.org/2025/03/08/g-s1-52764/house-republicans-spending-bill-government-shutdown-trump

Even if Speaker Johnson is able to pass the bill through the House this week without Democratic support, it will still need at least seven Democratic senators to back it in order to clear the chamber's de facto 60-vote threshold and reach the president's desk for a signature.