For D.C.-area companies that get their revenue from government contracts, it’s shaping up to be a stressful holiday break.
Sen. Mitch McConnell (R-Ky.) said Saturday that the Senate has adjourned until Thursday after President Trump threatened to veto any spending bill that didn’t include $5 billion for his proposed border wall, meaning many federal agencies are shut down indefinitely. Trump warned Friday that the shutdown would last “a very long time” if Democrats did not support funding for the border wall.
Franklin Turner, a government contracting attorney with the law firm McCarter & English, said the partial government shutdown could cause important procurements to “grind to a halt” as contractors are unsure whether to continue work.
“Right over the holidays, government contractors will have to make some really tough decisions about people’s employment,” Turner said.
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