Pages, tagged as «shutdown»

Unprecedented shutdown threatens US credit rating

There is the longest shutdown in US history now, RISS expert Ilya Kravchenko pointed out. Shutdown is a temporary stop of the US government work. Congress and the President (the legislative and executive branches) cannot make a final decision on the financing of certain programs. "Usually such shutdowns last about a week, but now the stop has been going on for 24 days," the analyst added.