Airlines can't get permission to add new planes to their fleets. Mortgage lenders aren't able to verify the income of borrowers. And brewers can't sell new beers while label approvals are on hold.
In ways both small and large, businesses are beginning to feel the bite of the government funding impasse that has shuttered nine major departments, slowing federal reviews of everything from pipelines to mergers.
“The impact will multiply as the days and weeks continue,” says Stan Collender, a longtime congressional budget aide who now edits the @thebudgetguy blog in Washington. “It's only going to expand.”
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
