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The Congressional Budget Office (CBO) has revised its economic forecasts for the next three years, showing slower growth, higher inflation, and increased unemployment for 2025. The update reflects the impact of recent policy choices, including tariffs and immigration restrictions, which are hampering near-term economic performance.
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The US government shutdown, now the longest on record, has halted pay for 1.25 million federal workers, disrupted flights, and slowed economic growth. While some losses are recoverable, lasting effects include reduced consumer spending and regional economic strain, especially in Washington, D.C. Today's date is Thu, 13 Nov 2025 18:05:34 +0000.
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After 38 days, the US government reopened following a bipartisan deal. The agreement avoids further disruptions but leaves unresolved debates over health care subsidies, with Democrats pushing for extended Obamacare support and Republicans lacking a clear alternative. The issue remains a key political vulnerability ahead of 2026.