If the Democrats and Republicans don’t stop bickering and agree to how the U.S. should pay its bills, the federal government will shut down, come October 1.
And at a time when the economy’s finally showing signs of life, that could be troubling.
Shutdowns don’t come cheap. Federal agencies have to use up time, energy and resources to plan for one. Shutting down and then reopening the government also costs money.
According to the Congressional Research Service, the two previous shutdowns — in late 1995 and early 1996 — cost the country $1.4 billion.
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