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Historic U.S. Shutdown Nears End, Economy Faces $14 Billion Loss

11/12/2025

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Summary

Story summary

The U.S. government shutdown, the longest in history, is nearing an end as the Senate advanced a deal to reopen through January 31, 2026.
Over 1.25 million federal workers have gone unpaid since October 1, causing disruptions such as thousands of canceled flights and interruptions in food aid.
Economists estimate GDP growth fell by 0.8 percentage points, with a potential permanent loss of $11 to $14 billion in economic activity.

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Story summary

The U.S. government shutdown, the longest in history, is nearing an end as the Senate advanced a deal to reopen through January 31, 2026.
Over 1.25 million federal workers have gone unpaid since October 1, causing disruptions such as thousands of canceled flights and interruptions in food aid.
Economists estimate GDP growth fell by 0.8 percentage points, with a potential permanent loss of $11 to $14 billion in economic activity.