January to witness deadline for the government shutdown

A partial or total government shutdown could be brought on by two impending deadlines in early 2024, especially in light of the little progress made thus far. January 19 is the first deadline, while February 2 is the second.

Since various government departments are impacted by these two midnight deadlines, skipping one would result in shutdowns that would begin the next day. Federal employees’ payments may be delayed as a result, and many government programmes that are considered non-essential may suffer significant disruptions.

According to predicting website Kalshi, there is currently a 30% possibility of a shutdown in January. This is about what was predicted before the deadlines for the government shutdowns in September and November.

It is currently anticipated that, as with previous deadlines in September and November, a government shutdown will be avoided. A bipartisan continuing resolution provided short-term funding for the government in each instance.

But lawmakers are once again out of time to forge a settlement. Additionally, discussions about immigration laws and foreign aid to Israel and Ukraine could take up time that could be used for budgeting processes.