US government shuts down after last-ditch votes fail
NegativeFinancial Markets

The US government has officially shut down for the first time in nearly seven years after Senate votes on funding plans failed to secure the necessary support. This shutdown affects numerous federal services and employees, highlighting the ongoing political gridlock and the challenges in reaching a consensus on budgetary issues. It matters because it disrupts essential government functions and impacts millions of Americans who rely on federal services.
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