A more pressing concern, noted Shenfeld, is that protracted
brinkmanship over the federal budget could subject the U.S. economy to a series of spending shocks — with the flow of federal funds being repeatedly cut off abruptly via either the shutdown or the debt ceiling — which could take a toll on the U.S. recovery and Canada's GDP growth too.
Shapiro of MFR says a July move is possible, especially because of rising concern that September will feature a
standoff over the federal budget for fiscal year 2016 that could include another government shutdown.
Esty said lawmakers were discussing setting up a permanent emergency fund that would available for projects like working on a Zika vaccine, though she was optimistic that Obama's funding request would be approved without being tied to a larger, partisan
battle over the federal budget.
The public - television station receives more than half of its operating budget from the Corporation for Public Broadcasting, an organization at the center of a stormy debate on Capitol
Hill over federal budget priorities.
State and local education officials were beginning to feel the impact of the partial federal government shutdown by late last week, while the prospects for resolving the underlying political
impasse over the federal budget remained unclear.
The comptroller's office on Friday released a report that found the state's budget situation is darkening in part by falling personal income tax collections and
uncertainty over the federal budget.
Congress has yet to cut off federal payments to Planned Parenthood (payments that only cover non-abortion services), but the controversy over the use of fetal tissue in medical research has made its way into congressional
negotiations over the federal budget.