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New York State refuses to pay, and the Statue of Liberty torch may be extinguished due to the government shutdown! S & P: U.S. government shutdown may drag down GDP by 0.1 -0.2 percentage points every week

On the morning of October 1, local time, the U.S. Senate voted on the provisional allocation bill proposed by the Democratic Party, and in the end with 47 votes in favour and 53 votes against, again failed to push the bill to land.

Subsequently, the Senate voted on the provisional appropriations bill proposed by the Republican Party to extend federal government funding until the end of November. It is reported that this bill was passed by the House of Representatives on the evening of September 30th, and won the support of many Democratic lawmakers during the voting process.

However, the Republican-proposed bill received 55 votes in favour as a result of Democratic insistence on health care demands and failed to reach the required 60 votes to pass, crushing hopes of a swift end to the federal government’s “stagnation.”

On September 30, the Senate failed to pass a new provisional allocation bill before federal funds were exhausted.In the U.S. Eastern Time on October 1, zero, federal government time was “stop” for seven years.This means that, in addition to providing “necessary services” government employees, an estimated 750,000 federal employees will be “called off”, some public services may be suspended or delayed, and the release of economic data will also be affected.

On October 1, the U.S. Senate announced that it would suspend voting on the Republican and Democratic government funding bills on October 2. If no agreement could be reached to break the impasse, lawmakers would vote on October 3 and 4.


The U.S. Federal Government Will "Stop", Charting the Intention of Calculating with a Calculator (Chartless / Visual China)

S&P: U.S. government shutdown may drag down GDP by 0.1-0.2 percentage points per week

According to CCTV News, on October 1, local time, S&P Global Ratings stated that the recent shutdown of the U.S. federal government may only deal a slight blow to GDP growth, but with the temporary reduction of the federal government's discretionary spending and low market sentiment, the economy Uncertainty is rising. Economic departments estimate that economic growth may drop by 0.1-0.2 percentage points for every week the government shutdown lasts.

New York State refuses to pay for the Statue of Liberty as torch or "fire out" due to government shutdowns


The picture shows a screenshot of CCTV news report

According to CCTV News, on October 1 local time, a spokesperson for the office of New York Governor Casey Hochur said that New York State would not bear the cost of opening the Statue of Liberty as it did during the previous government shutdown. The governor said the Statue of Liberty torch could be “completely extinguished.”

Hochul mentioned that more than 100,000 federal workers in New York have been furloughed or are at risk of furloughing, including dozens who work at the Statue of Liberty. Currently, it's unclear if and when the Statue of Liberty will close.

During the last government shutdown in 2018, the Statue of Liberty was initially shut down and rejected thousands of visitors before reopening with state funding.

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US Vice President Vance warns: Continued government "shutdown" may trigger layoffs

US Vice President Vance warned on the 1st that if the federal government's "shutdown" lasts for a long time, it may trigger layoffs. White House spokesman Levitt said that federal layoffs are "likely" to happen and will happen "soon".

Vance said at the White House press conference that day that if this deadlock drags on for a few days or even weeks, the federal government may have to lay off employees. Regarding the reasons for layoffs, Vance said that the federal government had to save money in some places to ensure that the necessary services of the government would not be interrupted by the "shutdown".

Levitt said at the same press conference that President Trump has given instructions to the cabinet that the White House Office of Management and Budget is working with various government departments and agencies to determine where spending can be cut. "We believe layoffs are imminent." she said.

Trump and White House officials have repeatedly said the federal government would cut jobs once it "stop", saying Democrats should be responsible for it. U.S. Senate Democratic leader Chuck Schumer has pointed out Republicans' attempts to use federal employees as a scam in this budget dispute and called it a means of intimidation and threat.


Photo of US President Trump (data map)

Due to differences between the two parties on medical-related benefits, the U.S. Senate failed to pass a new interim appropriations bill on September 30 before government funds were exhausted. Starting from 0:00 on October 1, the U.S. federal government "shut down" again in nearly seven years.

In the past, when the U.S. federal government was "shut down", only government employees who provided "necessary services" such as air traffic control and law enforcement officers continued to go to work without pay. As many as hundreds of thousands of employees were "vacated" and would not be paid back until the government resumed operation. The Congressional Budget Office estimates that about 750,000 federal employees will be "furloughed" this time, and their total daily salary cost is about $400 million.



News raw data sources → https://www.163.com/dy/article/KARM5GKD0512B07B.html

17WorldNews[2025.10.02-10:33] 访问:50
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