That’s correct. Recently, both Republicans and Democrats in the U.S. agreed on a deal to fund the government, preventing a government shutdown. This deal ensures that the government operations are funded for a certain period of time, safeguarding the jobs of thousands of federal employees. If a budget isn’t agreed on, it could lead to a shutdown which means most federal agencies would close, and many federal workers would be furloughed. However, this current resolution is only temporary, so further negotiations and agreement will be needed in the future to prevent a potential shutdown.
Disclaimer: InformedAmericanToday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.