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When will we know if the government is shutting down?

(NEXSTAR) – Lawmakers still have time (but not much) to avoid a government shutdown. The deadline is approaching and Congress appears to be deadlocked.

Lawmakers have until the clock strikes midnight Saturday night (or early Sunday morning, depending on how you look at it) to reach a deal. Otherwise, it will trigger a government shutdown.

We may not know for sure until the last minute before the deadline whether there will be a government shutdown. Negotiations have been in the final stages for the past few years.

On Thursday night, the Associated Press reported that a government shutdown was “almost inevitable.”

Although the Senate has proposed bipartisan measures Until Nov. 17, House Speaker Kevin McCarthy was still trying to heal the divisions within his party.

“Put your money on me; we’re going to get this done,” McCarthy said in an interview with CNBC. “I think we can work all weekend. I think we can figure this out.”

If a government shutdown comes, millions of federal employees will be furloughed and many others—including those who work in the military and the Transportation Security Administration—will be forced to unpaid work Until the end.

Some federal programs that people across the country rely on every day may also be disrupted – Food aid funding continues to dwindle Customer service for Medicare and Social Security beneficiaries may experience delays. The ripple effects will depend on how long the shutdown lasts and the varying emergency plans in place at affected agencies.

“Overall, hundreds of millions of Americans, the majority of the population, are receiving some kind of benefit from the government,” said Forrest V. Mogelson III, an associate professor at Michigan State University’s Broad School of Business. V. Morgeson III) said. He noted that potential closures could bring significant financial uncertainty and economic impact.

The Associated Press contributed to this report.

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