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Marketplace All-in-One

The prospect of yet another government shutdown

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 17 September 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

Lawmakers have until the end of the month to agree on legislation to fund federal agencies for the coming year. If they can’t do that, the government closes its doors. Just how likely is a shutdown? We'll discuss. Also on the program: Hollywood was hopeful coming into this summer that the sequels and blockbusters would draw people back to the theaters in droves. That hasn't happened.

Transcript

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0:00.0

Republicans need help from Democrats to keep the government from running out of money at the end of the month, but bipartisan camaraderie is not the vibe in Washington these days.

0:11.5

I'm David Brancaccio in Los Angeles. Congress is once again playing with the prospect of a government shutdown. Lawmakers have until the end of this month to fund federal agencies for the new

0:21.6

accounting year or else Marketplace's Washington correspondent, Nancy Marshall-Genser,

0:26.6

is a veteran of this trope, Nancy. Hey, David. House Speaker Mike Johnson wants to keep the

0:34.2

government open by having Congress pass a continuing resolution this week.

0:40.2

It would continue government funding mostly at current levels until just before Thanksgiving.

0:46.7

Now, some Republicans don't like the timing on that. Others complain they need new money for

0:51.4

their districts, not just a continuation of current funding.

0:55.1

Democrats want any stopgap bill to include money for health care, apparently to continue

1:00.7

Obamacare subsidies set to expire. At this point, Speaker Johnson says that's a December issue,

1:07.0

not something to consider now. And there's a kind of readout on the odds of a shutdown?

1:13.3

Yeah, the gambling website Polly Market puts the chances at over 50%, but season political analysts have just 25% shutdown odds.

1:24.8

All right.

1:25.2

Essential services have to continue in a shutdown. How might most people

1:29.3

run into the effects? Right. Social Security, Medicare, Medicaid, they would not be affected in a shutdown.

1:36.1

Essential government workers like police and air traffic controllers, they would stay on the job and work

1:41.3

without pay. But other federal employees would not be allowed to work.

1:45.7

So there would be no new Social Security cards issued. You couldn't sign up for new benefits.

1:51.6

Food inspections have been delayed in past shutdowns. During the 2018-2019 shutdown, you may remember some TSA agents didn't show up for work.

2:00.7

And there were long lines at

2:02.3

airport security checkpoints.

2:04.4

Thanks, Nancy. The average 30-year fixed-rate mortgage fell sharply yesterday to 6.13% the lowest in a

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