Taking Stock

with Nathan Brinkman

October 2013


U.S. government shutdown explained

Congress failed to agree on a spending bill for the fiscal year starting Oct. 1, 2013, resulting in the first government shutdown since 1995. According to the Congressional Research Service, this is the 18th time the federal government has shut down as a result of a failure to agree on an annual appropriations bill. Most shutdowns have lasted only a few hours or a few days. The most recent shutdown, in 1995, lasted three weeks.

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