Skip to main content

Goldman Sachs no longer sees US government shutdown in 2023

Banking And Finance,Goldman Sachs,Government Shutdown,Congress,Economy And Jobs,Government Funding

From the Right

Goldman Sachs on Monday released an analysis finding that a government shutdown before the end of the year is unlikely β€” although it remains a possibility early next year, given that lawmakers may opt for a short-term funding bill.

Economists at Goldman Sachs were previously forecasting a two- to three-week shutdown in this quarter, during which Congress’ current Nov. 17 funding deadline falls. They now see a shutdown this year as unlikely due to Congress grappling with geopolitical challenges and the new leadership in the House of Representatives after Republicans elected Speaker Mike Johnson, R-La.

"With new geopolitical risks and a…

AllSides Picks

More News about Banking and Finance

News from the Left

News from the Center

News from the Right