The longest federal government shutdown in American history pertained to an end this previous week, with the 43-day occasion interfering with food support payments, travel and more pieces of the economy.
While some Americans dealt with difficulty throughout the shutdown and more than one million Federal workers got no pay, members of Congress gathered their complete weekly pay. Here’s a take a look at just how much the members made throughout the federal government shutdown.
Congress Makes Money
The 100 members of the U.S. Senate and 435 members of your house of Representatives each got their pay throughout the federal government shutdown, as safeguarded by the U.S. Constitution.
With yearly incomes of $174,000, base members of Congress are paid around $476.71 each day. This indicates that the majority of members of Congress gathered $20,498.53 throughout the 43-day federal government shutdown.
Speaker of your house Mike Johnson (R-La.) has a yearly income of $223,500, equating to an everyday rate of $612.33. This indicates Johnson made money $26,330 throughout the federal government shutdown.
According to a report from the New york city Post, some members of Congress did not take income throughout the shutdown.
The workplace of Senate Minority Leader Chuck Schumer (D-N.Y.) informed the Post that he did not take a wage throughout the federal government shutdown. An overall of around 55 Senators didn’t gather their incomes according to the report.
Other members like Sen. Lindsey Graham ( R-S.C.) have actually stated they would contribute their check quantities throughout the shutdown to charity.
Did You Know?
Republicans Get Blame
A current Early morning Consult survey revealed President Donald Trump’s approval score falling throughout the federal government shutdown, going from 46% before to 44% throughout. Trump’s displeasure score increased from 52% before the shutdown to 54% throughout.
The survey discovered that 63% of citizens stated they had actually seen, check out, or heard “a lot” about the federal government shutdown, making it the leading story for numerous weeks. Other products that were leading of mind for citizens consisted of flight cancellations and breeze financing, both of which were likewise impacted by the federal government shutdown.
Trump’s falling approval score was not the only bad outcome for the Republican politician Celebration in the Early morning Seek advice from survey.
The current survey revealed that 46% of citizens think the Republicans are at fault for the federal government shutdown, more than the 38% who blame the Democratic Celebration.
The favorability rankings show the viewed blame in the survey.
Congressional Democrats have a 45% approval and 47% displeasure score, compared to 44% approval and 46% displeasure before the federal government shutdown.
Congressional Republican Politicians have a 40% approval and 52% displeasure score, compared to 41% approval and 49% displeasure before the federal government shutdown.
In the survey, citizens preferred the Democratic Celebration to win the 2026 midterms at a 48% to 43% margin. Before the federal government shutdown, citizens preferred the Democrats 45% to 41%.
Market Shaken After Shutdown Ends
The SPDR S&P 500 ETF Trust (NYSE: SPY), which tracks the S&P 500, closed lower after the shutdown ended.
The ETF closed Wednesday at $683.38 and was up to $671.93 at close on Friday, losing around 1.7% in the 2 trading days after the marketplace resumed.
The last federal government shutdown was followed by an increase for the stock exchange.
The SPDR S&P 500 ETF Trust closed at $240.70 on Dec. 21, 2018, ahead of the due date, which was on a weekend. On January 25, 2019, the ETF closed at $265.78, up 10.4% from its closing rate prior to the shutdown.
The year 2019 went on to be among the very best years financiers have actually seen in a long time, with the SPDR S&P 500 ETF Trust up 31.2% for the entire year.
This is the very best return for the ETF over the last 11 years, showing that the previous longest federal government shutdown in history was just a small consider 2019 and did not substantially effect markets at the start of the year.
Time will inform if there is a federal government shutdown and if history repeats itself with a short-term market drop followed by strong returns.
The SPDR S&P 500 ETF Trust is presently up 14.9% year-to-date in 2025, however up just 1.5% over the previous month. The financing costs passed to end the shutdown covers the federal government through Jan. 30, which might offer some unpredictability over the next 2 months ahead of another prospective shutdown.
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