The U.S. government shutdown has entered its 35th day, tying the record for the longest shutdown in history

As Eastern Time in the United States enters November 4, the federal government "shutdown" has reached its 35th day, tying the record for the longest "shutdown" in U.S. history. Over the past 30 days, the Democratic and Republican parties in the U.S. have been at an impasse, failing to pass a temporary funding bill proposed by the Republicans in 13 votes in the Senate. It is reported that the Senate will hold its 14th round of voting today (November 4). The U.S. Congressional Budget Office recently stated that depending on the duration of the federal government "shutdown," the annual growth rate of the U.S. real GDP in the fourth quarter is expected to decline by one to two percentage points. This means that if the "shutdown" lasts for 4 weeks, the U.S. economy will lose $7 billion; if it lasts for 6 weeks, the loss will rise to $11 billion; and if it lasts for 8 weeks, the loss could reach as high as $14 billion.