Us shutdown 2025: Shutdown is going on in America these days and there has been a chance of working without employees. In fact, President Donald Trump’s government could not pass the funding bill in the US Senate because it has not been agreed to government expenses. That is, the proposal to issue funds to the government in the US Senate has been rejected.
To work without salary
The government will have to limit its expenses due to lack of funding bill. In such a situation, many government agencies can be temporarily closed. Many non-essential government employees can be discharged without salary. While many essential employees may have to work without salary. Overall, all non-central services and offices are closed and it is called shutdown. Earlier, there was a shutdown in the US in the years 2018 and 2013.
Shock to Trump’s party
60 votes are required to pass the funding bill in the US Senate, while on Tuesday night, 55 votes were cast in support of the bill and 47 votes in protest. The 100 -member Senate consists of 53 Republicans, 47 Democrats and 2 Independent MPs. Trump’s party needed 60 votes to pass the bill in the Senate, but only 55 were obtained.
The last time in 2018, the shutdown lasted for 35 days. During that time, Trump’s government sought Senate approval to raise funds to build a wall on the US-Mexico border, which the Senate refused to pass. The new financial year in America starts from October 1. In such a situation, due to non -passing of funding bills, about 8 lakh personnel out of government employees can be sent on the holidays without salary.
What is the reason for shutdown?
The dispute started with healthcare subsidy and medicine funding cuts. On the one hand, Trump’s party wants to cut medication funding. At the same time, the Democratic Party wants to increase subsidy. The screw is stuck on this issue. The opposition Democratic Party alleges that since Trump’s government is not fulfilling their demands related to healthcare, they will not approve the spending bill.
What will be the effect on the stock market?
According to The Mint’s report, Pankaj Pandey, a research head of ICICI Securities, believes that the shutdown in America will not have any special impact on the economy there. It is not a major trigger for the markets, but during this period, due to weakness in US dollars, it will be a bit positive for emerging markets like India.
He said, “Shatadown in America can be positive for India because investors would like to invest money in markets which are untouched by it. Overall, the shutdown for the markets is not a big trigger at this time. ”
Founder and Research Head of Ecuvinomics Research Private Limited G. Chokkalingam also says, “There will be a shutdown in the US, there is no major concern for the markets. I believe that the markets will ignore it to a great extent. After all, there will be talk on some agreement because the system cannot be stalled for a long time.”
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