Government Shutdown
📄 Taxes
intermediate

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
Quick Info
Category:Taxes
Difficulty:intermediate
Last Updated:6/19/2025