https://www.taxtmi.com/news?id=59281 A continuing federal government shutdown has caused many civilian employees to be furloughed while excepted staff continue essential work, with both groups to be paid retroactively; the administration has announced targeted workforce reductions subject to judicial challenge. The shutdown has suspended program operations including small business lending, flood insurance issuance, and certain infrastructure grants, producing downstream effects on mortgage closings, tourism at federal sites, and regional air traffic control staffing. Economic estimates show modest quarterly growth reductions concentrated in travel, lending, and small business support sectors. en-us Sat, 18 Oct 2025 18:31:03 +0530 Sat, 18 Oct 2025 18:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=59281 A continuing federal government shutdown has caused many civilian employees to be furloughed while excepted staff continue essential work, with both groups to be paid retroactively; the administration has announced targeted workforce reductions subject to judicial challenge. The shutdown has suspended program operations including small business lending, flood insurance issuance, and certain infrastructure grants, producing downstream effects on mortgage closings, tourism at federal sites, and regional air traffic control staffing. Economic estimates show modest quarterly growth reductions concentrated in travel, lending, and small business support sectors. News - Sat, 18 Oct 2025 18:31:03 +0530 https://www.taxtmi.com/news?id=59281