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Definition of 'Government Shutdown'
The closure of non-essential offices of the government due to lack of approval on the government programs budget for the upcoming fiscal year. Approval is reached if Congress passes all of the spending bills regarding the federal budget. If an agreement is not achieved, a government shutdown will close many federally run operations, and halt work for federal employees unless they are considered essential. Some organizations still stay open by running on cash reserves, but once these run out, if a solution is not found, they will also close. The shutdown stays in effect until a compromise is reached and a budget bill is passed.
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Investopedia explains 'Government Shutdown'
Government shutdowns have happened in the past and could affect any government processing functions such as passport applications, law enforcement recruitment and testing, or Social Security card applications. Any office which does not receive funding from Congress would continue. For example the Federal Reserve would continue operating, and the Post Office, being owned but not operated by the federal government, would also continue to run. Essential employees which typically continue working might include security, such as police and firefighters, intelligence agencies and soldiers.
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Search results for 'Government Shutdown'
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http://financialedge.investopedia.com/financial-edge/0411/Why-You-Dont-Want-A-Government-Shutdown.aspx
... Why You Don't Want A Government Shutdown. ... Follow-On Effects There is no question
that there will be secondary effects to any government shutdown. ...
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http://stocks.investopedia.com/stock-analysis/2011/Here-We-Go-Again--Markets-Continue-To-Move-On-Governments-TLT-SHY-GLD-DB-UBS-MS-GS0926.aspx
... Get Free Stock Analysis By Email. Investopedia Markets: Explore the best one-stop
source for financial news, quotes and insights. A Government Shutdown? ...
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http://financialedge.investopedia.com/financial-edge/0811/What-If-There-Were-No-Government.aspx
... Admittedly it is an outlandish scenario, but what would life in the United States
look like? (For more read Why You Don't Want A Government Shutdown.). ...
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http://stocks.investopedia.com/stock-analysis/2011/Hot-Stocks-To-Start-2011-JKS-CAM-PTEN-AMAT-NVLS-BCS-BBVA0302.aspx
... Get Free Stock Analysis By Email. Fears of a US federal government shutdown? No
problem. North Africa and the Mideast in an uproar? Not to worry. ...
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http://www.investopedia.com/ask/answers/09/steel-industry-truman.asp
... The government gave control of the steel mills back to their owners and the
Steelworkers Union of America promptly went on strike. The mills shutdown and the ...
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http://financialedge.investopedia.com/financial-edge/0711/How-To-Defuse-The-Debt-Bomb.aspx
... funding some other projects - but those cutbacks wouldn't immediately threaten national
security, benefits for the elderly, or a real shutdown of government. ...
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http://stocks.investopedia.com/stock-analysis/2010/Energy-Companies-Hurt-By-Deepwater-Moratorium--NBL-SGY-CVX-CIE-RDS-BP0607.aspx
... for these companies as Reuters has reported that the operators of the wells targeted
for shutdown can apply for an exemption. The government cited completion ...
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http://www.investopedia.com/articles/fundamental-analysis/09/pharmaceutical-patent-trolls.asp
... so much as shutdown areas of research if the innovation of smaller firms is lost.
Taking this one step further into extreme speculation, government might then ...
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http://www.investopedia.com/articles/basics/11/risks-investing-in-emerging-markets.asp
... nations tend to follow a free market discipline of low government intervention,
whereas ... instability can also result in civil war and a shutdown of industry, as ...
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http://stocks.investopedia.com/stock-analysis/2011/The-Biggest-Nuclear-Operators-In-The-United-States-DUK-PGN-SO-EXC-ETR-D-NEE0328.aspx
... It seems improbable that the US government will order any sort of widespread shutdowns
of nuclear facilities that would resemble the shutdown of drilling in ...
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