DEJA VU: U.S. Government Shuts Down for 11th Time—But Do You Remember the 34-DAY Record Holder That “Wiped Billions from the Economy”…?
the staff of the Ridgewood blog
WASHINGTON, D.C. – The U.S. government officially entered its latest shutdown at 12:01 a.m. EDT this morning after Congressional leaders failed to pass a last-minute funding bill. This marks the 11th full government shutdown in U.S. history, and while the ultimate length of this one is unknown, past crises suggest it may not be a quick fix.
The shutdown immediately rattled investors, with stocks mildly in the red on Wednesday as markets reacted to the political gridlock.
Continue reading How Long Can a Shutdown Last? History Reveals the Longest U.S. Government Standoff
