Is the U.S. government going to shut down? 🤔
In short: "Those with money continue to work, those without money take a break".
🌙 What is a "government shutdown"?
A U.S. government shutdown does not mean everyone closes the door and goes home to sleep; rather, it happens because Congress has not approved a budget or a temporary funding measure, leading to a halt in funding for certain government departments.
Departments with money: continue normal operations
Departments without money: non-essential positions are put on hold
Simply put: the government is like a company; if there’s no money in the account, some employees can only be on standby, while essential positions still need to report to work.
🌙 Why does it happen?
The U.S. government has a budget plan every year, covering military spending, healthcare, research, infrastructure, etc.
Congressional deadlock: the House of Representatives and the Senate disagree on how to spend money
Partisan conflict: the Democratic and Republican parties have differences in policy priorities
Temporary funding expiration: if the extension of the temporary funding bill fails, the funds will be cut off
Therefore, when the budget is not agreed upon, the government may "shut down".
🌙 Who continues to work? Who stops working?
Essential positions: defense, air traffic control, border security, FEMA, emergency rescue, etc., continue to work, but salaries may be delayed.
Non-essential positions: administrative offices, national parks, research institutions stop working, with paid or unpaid leave.
Contract services: contracts may continue to be executed, but they may also be affected by funding cuts.
🌙 Impact on daily life
Service type shutdown affects social security / medical assistance basically normal, already secured funding federal courts only continue to handle necessary cases national parks / museums closed or restricted open visa/passport delays tax services delayed, non-emergency cases paused emergency rescue / air traffic control operates normally
In summary: in the short term, the impact on the general public is limited, but administrative processes may slow down.
Finally, let's predict: if the U.S. government shuts down, will the cryptocurrency market rise or fall? 😀
