World
Déjà vu: The government is facing another shutdown

Déjà vu: The government is facing another shutdown

Déjà vu

It’s the story that never truly goes away: a shutdown of the US government is once again looking likely, with budget negotiations in Congress dragging on. If the House fails to reach an agreement on funding legislation by the October 1st deadline, hundreds of thousands of federal employees will find themselves furloughed without pay, and all non-essential federal agencies will likely grind to a halt.

Any shutdown could directly impact the nearly 3 million people who rely on the federal government for their payslips, with everyone from White House staffers to airport security personnel, tax collectors to National Park rangers, potentially affected. Perhaps unsurprisingly, the government is the nation's largest employer, accounting for over 22 million employees (excluding non-civilian military personnel). For perspective, the next largest employer, Walmart, employs roughly one-tenth that number.

However, the vast majority of the public sector workforce is employed at the local and state levels, collectively shouldering the responsibilities of crucial functions such as education, law enforcement, infrastructure projects and firefighting. In the event of a shutdown, state and local governments will be forced to tap into their own coffers to cover grants and expenses — but these budgets have their own limits, and their capacity to bridge the gap is not inexhaustible.

More World

See all World
world

John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

The Red Lion historic thatched village pub, Avebury, Wiltshire, England, UK

Britain is on track to shed more than one pub a day this year

Rising costs and lower spending are hitting the UK’s drinking establishments.

Tom Jones9/4/25

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.