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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (47986)9/25/2025 2:41:34 PM
From: Les H  Respond to of 48897
 
Trump OMB orders preparation for mass firings of federal workers if government shuts down
Published Thu, Sep 25 20259:11 AM EDT
Erin Doherty, Emily Wilkins CNBC

Key Points
  • The Office of Management and Budget told government agencies to prepare for big layoffs of federal workers if the government shuts down Tuesday.
  • Federal workers in past shutdowns were typically temporarily furloughed until a budget deal was reached.
  • Congress has yet to reach a stopgap funding deal that would avoid a shutdown next week.
  • Democrats are holding firm on demands that any legislation must include an extension of the Affordable Care Act’s enhanced tax credits, which are set to expire at the end of the year.


CNBC