The U.S. government has once again fallen into an operational crisis, with a large-scale shutdown of federal departments becoming a foregone conclusion. This situation stems from the failure of both houses of Congress to reach a consensus on key funding bills, resulting in approximately 750,000 federal employees facing the embarrassment of unpaid leave.



The root cause of this government shutdown lies in the policy differences between the Democratic and Republican parties. The short-term funding proposals put forward by both sides have failed to gain enough support to overcome the 60-vote threshold in the Senate. The proposal suggested by the Democrats aims to keep the government running until the end of October and includes an extension of the soon-to-expire healthcare subsidies. The Republicans, on the other hand, have proposed a continuing resolution known as the "clean funding bill," which plans to maintain government funding and operations at current levels until November 2025.

This political deadlock not only affects the daily operations of the government but may also delay the progress of some important legislation, such as the Digital Asset Market Clarification Act. Although it is expected that this shutdown will not directly impact the cryptocurrency market, its long-term effects are still worth paying attention to.

As the shutdown officially began, the leaders of both parties quickly started to blame each other. The Vice President placed the responsibility on Democratic lawmakers, while the other side did not back down. This political standoff further exacerbated the difficulty of resolving the issues.

The recent government shutdown incident once again highlights the deep-seated contradictions between parties in the American political system and the difficulties in reaching a Consensus on key issues. Finding a balance between ensuring the normal operation of the government and meeting the demands of various parties has become a difficult problem faced by American politics. The political games in the coming days and even weeks will determine the direction of this crisis and test the resilience of the American political system.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
rekt_but_vibingvip
· 10-01 15:23
Stability maintenance is the priority, no need to be modest.
View OriginalReply0
bridgeOopsvip
· 10-01 13:53
The government is in a shutdown again.
View OriginalReply0
ConsensusBotvip
· 10-01 13:52
The syphilis has recurred.
View OriginalReply0
SilentAlphavip
· 10-01 13:49
Humanity is no longer worthy of governing a country.
View OriginalReply0
MoneyBurnerSocietyvip
· 10-01 13:41
Rug Pull the US government is also getting involved, it's really on a contract liquidation level.
View OriginalReply0
AirdropHunterWangvip
· 10-01 13:36
The workers are going to suffer again.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)