Originally published on Tue October 8, 2013 2:08 pm
Update at 8:18 p.m. ET. Impasse:
As first day of a federal government shutdown came to a close, Congress was not any closer to a resolution.
Case in point: Republicans in the House proposed three bills that would have reopened national parks, the Department of Veteran's Affairs and kept the D.C. government afloat. But all three bills didn't even make it out of the House.
Government workers protest the possibility of a federal shutdown in Chicago. Nearly 100 employees from federal agencies including the Environmental Protection Agency and the Department of Housing and Urban Development rallied in a downtown plaza Monday.
After weeks of wondering what would happen, Americans now know:
1. Congress missed the midnight funding deadline for the new fiscal year, triggering disruptions in government operations.
2. That will slow economic growth, at least in the short term.
But just how far the damage will go is far from clear. Economists say they can't refine their predictions because they have no idea how long the shutdown might last or how many federal workers may be furloughed.