If Democrats and Republicans fail to reach compromise on the state budget of the United States the suspension of funding of U.S. federal government is possible. In this case the change will be felt first at all by state organizations and employees. The life in the United States will not be affected significantly.
If the agreement will not be reached who will be affected?
Hard times will come for government workers who work for the federal government of the USA. And most of these people will be forced to leave without payment. In the past the U.S. Congress has always returned the salary to employees, making out the retroactively to compensate for the time when the work was in a downtime state. Barack Obama, Congress and the White House and will receive a salary thanks to them. But the most of people working in their offices will stop performing their duties temporarily. The fact is that U.S. law says that federal employees can't continue to work for free and they have to leave temporarily.
Closure of the government will affect the fate of nearly one million Americans including government agencies officials, civilian employees of the armed forces and tax officers. The USA residents may find the various bureaucratic processes such as obtaining information and documents come with a delay. For example, the production of medicines may also be delayed.
Theoretically a number of functions to regulate markets assigned to the government may also be broken. Likely in the first few weeks of difficulties with payment of public procurement and government contracts should arise. And the federal courts will work properly without any delays and interruptions.
Who is outside the risk zone?
Public servants whose work is deemed necessary for national security shouldn't worry about the possible changes. They will be able to receive regular salaries and continue their work. We are talking about the police, the military, customs service and others whose work is related to the field of law enforcement. Usual work of the transport system will not be compromised. There is no reason to fear any problems with air service. Also problems in violation of the mail and inmates in correctional facilities are not expected. Banking institutions, educational institutions, stores and stock exchanges also continue their function as usual.
Americans will be receiving their pensions. The medical provision of services to the elderly and the needy by the Medicaid and Medicare programs will also continue. Besides, the reform in the health sector held by Barack Obama entered into force on 1st of October.
Note that, state budget approval issues attached to the fact that the opposition against the government allocated funds to help the reform. Any way the money issue has been resolved and from October 1 and exchange will begin selling insurance policies designed to reduce the very high costs on health worldwide.
How long will the crisis last?
The United States had similar cases in its practice and government funding termination lasted from one day to three weeks. The last time the Americans faced with similar situation at the end of 1995 - beginning of 1996. It lasted 21 days. The crisis question has been closed when the president Bill Clinton reached the state budget agreement with the Congress. Masterforex-V Academy analysts say that Republicans promise to stop funding the government and increase the borrowing limit. In this case America will face a default.
If the agreement will not be reached who will be affected?
Hard times will come for government workers who work for the federal government of the USA. And most of these people will be forced to leave without payment. In the past the U.S. Congress has always returned the salary to employees, making out the retroactively to compensate for the time when the work was in a downtime state. Barack Obama, Congress and the White House and will receive a salary thanks to them. But the most of people working in their offices will stop performing their duties temporarily. The fact is that U.S. law says that federal employees can't continue to work for free and they have to leave temporarily.
Closure of the government will affect the fate of nearly one million Americans including government agencies officials, civilian employees of the armed forces and tax officers. The USA residents may find the various bureaucratic processes such as obtaining information and documents come with a delay. For example, the production of medicines may also be delayed.
Theoretically a number of functions to regulate markets assigned to the government may also be broken. Likely in the first few weeks of difficulties with payment of public procurement and government contracts should arise. And the federal courts will work properly without any delays and interruptions.
Who is outside the risk zone?
Public servants whose work is deemed necessary for national security shouldn't worry about the possible changes. They will be able to receive regular salaries and continue their work. We are talking about the police, the military, customs service and others whose work is related to the field of law enforcement. Usual work of the transport system will not be compromised. There is no reason to fear any problems with air service. Also problems in violation of the mail and inmates in correctional facilities are not expected. Banking institutions, educational institutions, stores and stock exchanges also continue their function as usual.
Americans will be receiving their pensions. The medical provision of services to the elderly and the needy by the Medicaid and Medicare programs will also continue. Besides, the reform in the health sector held by Barack Obama entered into force on 1st of October.
Note that, state budget approval issues attached to the fact that the opposition against the government allocated funds to help the reform. Any way the money issue has been resolved and from October 1 and exchange will begin selling insurance policies designed to reduce the very high costs on health worldwide.
How long will the crisis last?
The United States had similar cases in its practice and government funding termination lasted from one day to three weeks. The last time the Americans faced with similar situation at the end of 1995 - beginning of 1996. It lasted 21 days. The crisis question has been closed when the president Bill Clinton reached the state budget agreement with the Congress. Masterforex-V Academy analysts say that Republicans promise to stop funding the government and increase the borrowing limit. In this case America will face a default.
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