Government shutdown poses increasing risk to wider economy - News Summed Up

Government shutdown poses increasing risk to wider economy


The shutdown's biggest effect on the economy is likely to be the cutback in federal spending. So do landlords and lenders that do business with federal workers. Officials in New Orleans announced Wednesday that they are waiving late fees for federal workers who have fallen behind on their property taxes. Also Wednesday, in Philadelphia, a hunger relief organization set up a market for furloughed federal workers under an Interstate 95 overpass. The shutdown, of course, also affects millions of relatives of federal workers.


Source: ABC News January 23, 2019 22:07 UTC



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