Trump Budget Chief Vought Says Layoffs Have Begun
NegativeFinancial Markets

OMB Director Russ Vought has announced that layoffs in the federal government have officially started, marking a significant shift during the ongoing government shutdown. This is the first time in modern history that large-scale layoffs of federal employees have occurred during a funding lapse, moving beyond the usual furloughs seen in past shutdowns. This development is concerning as it highlights the severe impact of the shutdown on government operations and employees.
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