Government Shutdown
📄 Taxes
Quick Definition
A government shutdown occurs when non-essential federal offices close due to a lack of funding approval from Congress.
Examples
- 1In 2013, the U.S. government shutdown affected national parks, causing them to close and resulting in lost tourism revenue.
- 2During a government shutdown, many federal employees are furloughed, leading to delayed government services and projects.
- 3The 2018-2019 U.S. government shutdown impacted IRS operations, delaying tax processing and refunds for millions of taxpayers.
Tags
governmentshutdownfederalbudgetpolicycongress
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Quick Info
Category:Taxes
Difficulty:intermediate
Last Updated:6/19/2025