World Business Report

US government shutdown

8 snips
Sep 30, 2025
The looming US government shutdown is causing serious political gridlock as Democrats demand healthcare funding while Republicans aim for a resolution. In Africa, the potential expiration of the African Growth and Opportunity Act threatens thousands of jobs tied to garment exports. Meanwhile, Afghan businesspeople struggle as a Taliban-ordered internet blackout disrupts trade and communication, forcing entrepreneurs to seek alternative solutions. The discussion also touches on how these issues impact broader economies and market resilience.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Why A Shutdown Is Likely

  • The US faces a likely federal shutdown because negotiations over healthcare subsidies and Medicaid rollback failed.
  • Senate math forces 60-vote thresholds, so a Republican majority alone cannot pass the funding without some Democrats.
ANECDOTE

Prison Staff Worry About Missed Pay

  • David J. Demas describes correctional officers continuing to work while fearing missed paychecks during shutdowns.
  • He says morale drops and staff consider personal loans to bridge lost wages.
INSIGHT

Health Coverage At The Center

  • Democrats argue the budget passed earlier would cut health coverage and could kick hundreds of thousands off insurance.
  • They frame the shutdown fight as protecting people's lives and health subsidies from deep cuts.
Get the Snipd Podcast app to discover more snips from this episode
Get the app