Releases new interactive map showing state-by-state impacts of potential shutdown on individuals, businesses, including impact to servicemembers, SBA loan holders, new businesses, and more.
WASHINGTON, D.C. - Today, U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley issued the following statement applauding House passage of H.R. 6363, Further Continuing Appropriations and Other Extensions Act, 2024:
“The Chamber applauds the bipartisan group of members who voted to avoid a government shutdown that would cause harm to American families, communities, and businesses, and we urge the Senate to swiftly act to avert a shutdown at the end of this week.
“A government shutdown doesn’t just impact Washington. The ripple effects would be felt in communities across the country, especially ahead of the busy holiday season. Businesses rely on the government doing its job, so they can do theirs. We’re urging lawmakers to recognize the significant economic impacts a shutdown would have on individuals, businesses of all sizes, and in communities across the nation and work to keep the government open.”
To underscore the importance of averting a shutdown, the Chamber today launched a new interactive map highlighting the economic impact a potential government shutdown could have on each state. In a shutdown, processing across many federal government agencies would be halted, including on E-Verify cases, Small Business Administration loan payments, military paychecks, new business application questions for the IRS, and payments to federal contractors.
Users have the ability to click on any state or select a state from the drop-down box at the top to see a detailed, by-the-numbers breakdown of how a federal government shutdown would affect people and businesses. For example, when you select Washington State, you’ll find thousands of individuals would be affected if the federal government shuts down.
- 1,700: Small businesses that provide goods or services to the federal government won’t be paid.
- 81,000: Active duty and military reservists won't receive their paycheck on time.
- 7,800: New business applications that were filed this month won’t have IRS staff available to help them navigate any problems in getting an employer identification number.
- 63,000: Workers’ employment authorized through the E-Verify process would be delayed.
- 41: Small businesses that will not receive an SBA-backed loan this month.
See data for every state here.
Earlier today, the Chamber sent a letter to all House members urging passage of the CR.
“The U.S. Chamber of Commerce greatly appreciates your work to govern responsibly and provide the certainty that the American people and business community needs. The true essence of democracy lies in the ability of elected officials to find common ground for the common good,” said Bradley in the letter.
Read more from the Chamber on the impact of a shutdown and how a shutdown would impact small businesses across the country.