US Faces Its First Shutdown in 7 Years
The United States has officially entered a federal government shutdown from October 1, 2025, midnight (ET) after Congress failed to pass the budget bill. This marks the first shutdown in 7 years, and nearly 800,000 federal employees have been furloughed (sent on unpaid leave). Courts have announced they can function until October 17, but beyond that, operations may halt if the funding crisis continues.
Daily Economic Loss: $1 Billion (₹8,876 Crore)
According to Gregory’s report, the shutdown is costing the US economy around $7 billion per week, which translates to $1 billion per day.
At the current exchange rate ($1 = ₹88.76), this equals a staggering ₹8,876 crore daily loss.
Services at Risk During the Shutdown
A prolonged shutdown could severely impact:
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Social Security benefits
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Air travel operations
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Food assistance programs for low-income families
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Consumer spending, which may drop by nearly $30 billion if the crisis continues.
Lessons from the 2018–19 Shutdown
This is not the first time the US has faced such a crisis. Back in 2018–19, under Donald Trump’s presidency, the US witnessed a 35-day partial shutdown, the longest in American history. That shutdown cost the economy $11 billion, including $3 billion in permanent losses.
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3,75,000 government employees were sent on leave.
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4,25,000 employees were forced to work without pay.
Impact Under Trump’s Leadership
The current shutdown is once again being linked to Donald Trump’s aggressive budget stance, pushing America toward massive economic losses. Experts warn that if the deadlock continues, the economic and social fallout could surpass that of 2019.
