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Click to read - A U.S. government shutdown is possible on Tuesday, the first day of fiscal 2014, because Congress has so far failed to find a way to pay for it. A closure would have far-reaching consequences at federal agencies dealing with everything from sending out Social Security checks to collecting admission fees at national parks. Here is a roundup of how the impact would be felt:
Click to read - A partial shutdown of the federal government would cost the U.S. at least $300 million a day in lost economic output at the start, according to IHS Inc. While that is a small fraction of the country’s $15.7 trillion economy, the daily impact of a shutdown is likely to accelerate if it continues as it depresses confidence and spending by businesses and consumers.
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