{"id":501,"date":"2025-09-26T18:51:00","date_gmt":"2025-09-26T18:51:00","guid":{"rendered":"https:\/\/blogarchive.utc.edu\/crer\/?p=501"},"modified":"2025-10-15T19:02:47","modified_gmt":"2025-10-15T19:02:47","slug":"9-26-25-local-impact-of-a-potential-government-shutdown","status":"publish","type":"post","link":"https:\/\/blogarchive.utc.edu\/crer\/2025\/09\/26\/9-26-25-local-impact-of-a-potential-government-shutdown\/","title":{"rendered":"9\/26\/25: Local Impact of a Potential Government Shutdown"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1019\" height=\"572\" src=\"https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/10\/Screenshot-2025-10-15-145551.png\" alt=\"\" class=\"wp-image-502\" style=\"width:421px;height:auto\" srcset=\"https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/10\/Screenshot-2025-10-15-145551.png 1019w, https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/10\/Screenshot-2025-10-15-145551-768x431.png 768w, https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/10\/Screenshot-2025-10-15-145551-580x326.png 580w, https:\/\/blogarchive.utc.edu\/crer\/files\/2025\/10\/Screenshot-2025-10-15-145551-610x342.png 610w\" sizes=\"auto, (max-width: 1019px) 100vw, 1019px\" \/><\/figure><\/div>\n\n\n<p>Local 3 News had a story about the local impact of a potential shutdown of the Federal government on October 1. They interviewed <a href=\"https:\/\/www.utc.edu\/gary-w-rollins-college-of-business\/crer\/people#HowardJWallDirectorandChiefEconomist\">CRER director and chief economist Howard Wall<\/a>:<\/p>\n\n\n\n<p>&#8220;Government shutdown occurs because there\u2019s a debt limit and the federal government can only borrow up to come amount. And they\u2019re borrowing all the time, and hence, they hit that limit, they have to stop and get reauthorization. So the government shuts down because everyone is out of money,&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.local3news.com\/local-news\/local-impact-of-a-potential-government-shutdown\/article_e33a91a6-1a43-4abe-a66b-c529efa4c88c.html\">Watch the whole story here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Local 3 News had a story about the local impact of a potential shutdown of the Federal government on October 1. They interviewed CRER director and chief economist Howard Wall: &#8220;Government shutdown occurs because there\u2019s a debt limit and the federal government can only borrow up to come amount. And they\u2019re borrowing all the time,&hellip; <\/p>\n<p class=\"more-link-wrap\"><span><a class=\"more-link button text\" href=\"https:\/\/blogarchive.utc.edu\/crer\/2025\/09\/26\/9-26-25-local-impact-of-a-potential-government-shutdown\/\"><span>Continue Reading <\/span><\/a><\/span><\/p>\n","protected":false},"author":2009,"featured_media":502,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-501","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-media","8":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>9\/26\/25: Local Impact of a Potential Government Shutdown - Center for Regional Economic Research Archive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogarchive.utc.edu\/crer\/2025\/09\/26\/9-26-25-local-impact-of-a-potential-government-shutdown\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"9\/26\/25: Local Impact of a Potential Government Shutdown - Center for Regional Economic Research Archive\" \/>\n<meta property=\"og:description\" content=\"Local 3 News had a story about the local impact of a potential shutdown of the Federal government on October 1. 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