🔴 LIVE: Government Shutdown 2025 Day 27 | Update

Speaker Johnson, House leadership are addressing press on 27th day of government shutdown.

With no end in sight to the government shutdown, the IRS announced it will furlough nearly half of its workforce.

BACKSTORY: At 12 a.m. Wednesday, Oct. 1, the federal government shut down after Congress failed to pass a continuing resolution to keep agencies operating.

Republicans have introduced a stopgap bill that would fund the government through Nov. 21, but Democrats have so far blocked it, as the bill does not include what they believe to be adequate health care funding.

Democrats want to negotiate with Republicans to extend the Affordable Care Act (ACA) subsidies that are set to expire at the end of the year and reverse cuts that were recently implemented to Medicaid funding as part of President Donald Trump's "Big Beautiful Bill."

About 750,000 federal employees could be furloughed each day of the shutdown, with their total compensation costing roughly $400 million each day, according to the Congressional Budget Office.

While it's true that federal agencies have some discretion in deciding which services to suspend and which to maintain, depending on how long the shutdown lasts, it could have a negative impact on the economy as a whole.

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