October 2, 2025
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11:53Now PlayingRepublican Representative Bryan Steil says "the spending process in Washington is absolutely broken."
As the shutdown enters day two, both parties remain at an impasse. President Donald Trump is weighing slashing “thousands” of federal jobs ahead of a meeting with his budget director, Russell Vought, as the White House looks to ratchet up pressure on Democrats to end the shutdown.
The shutdown could have significant economic impacts, with the Congressional Budget Office estimating a cost of $400 million per day in lost compensation, and some economists warning that mass firings could sap corporate confidence and reduce capital investments.
Republicans have sought to use the threat of permanent cuts to the federal bureaucracy to encourage Democrats to vote to reopen the government, and the White House has said firings could happen imminently. But some budget experts have argued that spending money to conduct permanent layoffs during a shutdown is illegal.
For more, Representative Bryan Steil (R) of Wisconsin appeared on Balance of Power with Joe Mathieu and Tyler Kendall.
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