At day 36, government shutdown is longest in US history
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At 34 days, this government shutdown is now tied as the longest in U.S. history. This year’s shutdown affects all government agencies and statistical services, whereas previous shutdowns were only partial since some agencies were funded by Congress.
The 1971 Nixon Shock, as the tariffs, price controls and other measures the president deployed that August are known, also came at a time in American history in which the war in Vietnam and eventually Watergate contributed to concerns about the unchecked powers of the American presidency.
Tariffs and uncertainty were already making the economy hard to read. The loss of government data during the shutdown has made the situation much worse.
• The claim uses 1930 income figures that captured only the richest 10% or so of Americans, which skews the comparison with typical incomes from the entire population today. • One federal statistic that the claim ignores is personal disposable income ...
President-elect Trump will enter office with the lowest unemployment rate since Richard Nixon in 1969 - but red flags remain The U.S. labor market heated up in December, adding more jobs than expected and stoking optimism that higher interest rates and ...
Wayne Duggan has a decade of experience covering breaking market news and providing analysis and commentary related to popular stocks. Wayne is a senior contributor for U.S. News & World Report and a regular contributor for Forbes Advisor and USA..
Michigan has been selected to take on what Gov. Gretchen Whitmer (D - MI) calls the "largest economic project" in the state's history.
We are now in the longest government shutdown in US history, at 36 days. Follow here for the latest live news updates on the stalemate on Capitol Hill and its impacts