The United States has officially ended its 42-day government shutdown, the longest in the nation’s history. The shutdown concluded after President Donald Trump signed the funding bill that was approved by the House (222–209) and earlier passed by the Senate.
Federal Services Restart Nationwide
The shutdown, which began on October 1, had halted major federal services and left thousands of government employees without pay. With Trump’s signature, the government has now reopened and will remain funded until January 30.
Federal workers will immediately receive their pending back pay, while key programs—including food assistance, housing support, and federal loan processing—have started returning to normal operations.
Bill Adds Pressure to National Debt
The new measure adds an estimated $1.8 trillion per year to the national debt, which has already reached nearly $38 trillion. Economists warn that debates on future spending and long-term fiscal management are likely to intensify.
Economic Data May Still Be Delayed
Morgan Stanley expects the September non-farm payrolls report to be released soon. However, unemployment data may be delayed because the required survey could not be conducted during the shutdown.
Key indicators such as October inflation, consumer spending, and retail sales might also be unavailable ahead of the Federal Reserve’s December 9–10 meeting. This could influence discussions around possible interest rate cuts.
Trump Says Losses Reach $1.5 Trillion
President Trump said the shutdown resulted in an estimated $1.5 trillion in economic losses. He noted that the full impact may take “weeks or months” to calculate. Trump also called for the end of the filibuster, saying government shutdowns “must never happen again.”
He further expressed support for direct healthcare-related payments to citizens as part of his ongoing policy plans.
What Comes Next?
Federal agencies have begun clearing operational backlogs and resuming delayed work. Economists expect a clearer picture of economic conditions once regular data releases restart in the coming weeks.
