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Why This Government Shutdown Is Different

Posted

September 30, 2025

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The federal government shuts down when lawmakers in Congress cannot agree on a budget. This has occurred at least 20 times over the past 50 years according to the investment team at Truist. The historical record suggests that there will be minimal impact on markets or the broader economy, barring a prolonged shutdown. But this time could leave a mark on thousands of federal workers who may be permanently fired if a shutdown were to occur.

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Produced and edited by Carlos Waters

Additional Reporting by Emily Wilkins

Senior Director of Video Lindsey Jacobson

Additional Footage Getty Images

Additional Sources: Committee for a Responsible Federal Budget, Partnership for Public Service, U.S. Treasury Department, USA Facts

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Why This Government Shutdown Is Different

Guests & Subjects Covered

Truist TheChapters Introduction ChapterShutdowns ChapterMarkets ProducedCarlos Waters Additional ReportingEmily Wilkins Senior DirectorResponsible Federal Budget PartnershipCNBC TV

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