Will Government Shutdown 2025. Large government budget deficits suggest that sovereign debt could rise by a third by 2028 to approach $130 trillion, according to the institute of international finance (iif). Washington — lawmakers averted a government shutdown 40 days before the election, but they’ll face another funding crunch right before the holidays and a new.

Here to talk more on the federal drive with tom temin about what happened and what is next for fiscal 2025. Walz said lawmakers would have to make hard choices during the 2025.