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A History of Government Shutdowns

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Six more days. $0 left to run the government. Is the 19th government shutdown around the corner?While bipartisan lawmakers are negotiating on spending and immigration, the federal government is slated to run out of money next Friday. The two parties are deadlocked: Democrats insist on a solution for recipients of the Deferred Action for Childhood Arrivals program, Republicans are pushing for more border security and the White House says they must build the wall.Lawmakers faced a similar deadline in December, but they passed a spending bill on December 21 to keep the government open for another month. Now, though, some Democrats — nine of whom are necessary to pass a bill through the US Senate — insist on addressing DACA and other priorities before the deadline.

Source: The history of US government shutdowns in 1 chart – CNNPolitics

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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam

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