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1995–1996 U.S. Government Shutdowns: Budget Clash Between Clinton and Gingrich
In 1995–1996, the U.S. experienced two government shutdowns due to conflicts between President Bill Clinton and House Speaker Newt Gingrich over funding for education, the environment, and public health. The first shutdown lasted 5 days in November 1995, and the second lasted 21 days from December 1995 to January 1996. Approximately 800,000 federal employees were furloughed during the first shutdown, and about 284,000 during the second. The shutdowns ended after negotiations led to a balanced budget agreement.
Companies:
- Federal Agencies
- National Parks
- Museums
Tags:
- Government Shutdown
- 1995
En• By Sneha Pathak
Explore:High Return Equity Mutual Fund
negative
1995–1996 U.S. Government Shutdowns: Budget Clash Between Clinton and Gingrich
In 1995–1996, the U.S. experienced two government shutdowns due to conflicts between President Bill Clinton and House Speaker Newt Gingrich over funding for education, the environment, and public health. The first shutdown lasted 5 days in November 1995, and the second lasted 21 days from December 1995 to January 1996. Approximately 800,000 federal employees were furloughed during the first shutdown, and about 284,000 during the second. The shutdowns ended after negotiations led to a balanced budget agreement.
Companies:
- Federal Agencies
- National Parks
- Museums
Tags:
- Government Shutdown
- 1995
En• By Sneha Pathak
Explore:High Return Equity Mutual Fund
1 min read
77 words
A series of shutdowns resulting from budgetary conflicts between the executive and legislative branches.
In 1995–1996, the U.S. experienced two government shutdowns due to conflicts between President Bill Clinton and House Speaker Newt Gingrich over funding for education, the environment, and public health. The first shutdown lasted 5 days in November 1995, and the second lasted 21 days from December 1995 to January 1996. Approximately 800,000 federal employees were furloughed during the first shutdown, and about 284,000 during the second. The shutdowns ended after negotiations led to a balanced budget agreement.
In 1995–1996, the U.S. experienced two government shutdowns due to conflicts between President Bill Clinton and House Speaker Newt Gingrich over funding for education, the environment, and public health. The first shutdown lasted 5 days in November 1995, and the second lasted 21 days from December 1995 to January 1996. Approximately 800,000 federal employees were furloughed during the first shutdown, and about 284,000 during the second. The shutdowns ended after negotiations led to a balanced budget agreement.
Companies:
- Federal Agencies
- National Parks
- Museums
Tags:
- Government Shutdown
- 1995
- Government Shutdown
- 1995
- Clinton Administration
- Newt Gingrich
- Budget Conflict