The Journal discusses the recent government shutdown, highlighting its differences from previous shutdowns, particularly the potential for long-term reshaping of the federal government. Natalie Andrews explains that the shutdown results from Congress's failure to agree on spending, leading to furloughs of non-essential employees. The political dynamics involve a stalemate between Republicans and Democrats, with Democrats leveraging the situation to push for healthcare spending. The shutdown's impact includes the potential absence of a jobs report, affecting the Federal Reserve's ability to manage inflation. Russell Vogt, head of the OMB, is using the shutdown as an opportunity to reduce the size of the federal government through potential layoffs, a move contested by Democrats and unions. The discussion also touches on the political messaging surrounding the shutdown, with both parties blaming each other, and the potential long-term political effects.
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