September 25, 2015 Comments Off on Government Shutdown Closer to Reality Views: 358 California News, Connect Classroom, National News

Government Shutdown Closer to Reality

Sam Chandan, founder and chief economist at research firm Chandan Economics, says we could see a Federal government shutdown on Oct. 1 if Republicans refuse to agree to any budget that includes funding for Planned Parenthood.

Chandan also says if it comes to that, we would likely only see a government shutdown that lasts a couple of days, unlike in 2013 when it went more than two weeks due to debates over the Affordable Care Act.

Meanwhile, Chandan indicates the Federal Reserve left interest rates flat despite low unemployment numbers because income growth is not where government officials would like it to be.

Watch Chandan on CNBC

Connect With Sam Chandan

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: , , , , , , , , , , , , , ,

Comments are closed.