Doom and gloom: Impacts of the federal government shutdown
Republican House Speaker John Boehner, shadowed by Sen. Mitch McConnellThe National Parks Conservation Association estimates local communities could lose some $30 million in business for every day of the shutdown.
- The National Institutes of Health has stopped accepting new patients for clinical research and stop answering medical question hotline calls.
- Passport and visa applications are no longer being processed. In the 1996 government shutdown, more than 200,000 passport applications and 30,000 daily visa applications went unprocessed, according to U.S. Rep. Rush Holt (D-N.J.).
The overall impact of the federal government shutdown will largely depend on its duration – one most everyone expects to be abbreviated. Yet even a temporary shutdown has far-reaching impacts on the U.S. economy, and by extension, the global economy.
Meanwhile, Congressional leaders continue to draw full salaries and, ironically, robust health benefits funded by taxpayers.
Slideshow photo by Tom Wachtel.