It looks like we have another looming financial crisis ahead. On Saturday, November 21, the US government shutdown will go into effect if Congress does not pass a budget by the deadline. This shutdown will result in dozens of federal services being suspended, meaning millions of citizens and businesses could be affected. But what exactly does this mean for Social Security payments, and other services like veterans’ benefits and national parks?
In general, the government shutdown will affect Social Security payments just like any other entitlement. That is to say, no new applications for benefits will be processed until the shutdown ends. If you already receive Social Security benefits, those payments should continue as usual. However, if you are waiting for a disability determination or appeal decision, you may have to wait until the shutdown ends.
For veterans’ benefits, the US Department of Veterans Affairs will continue to provide services like benefits payments and health care, but these services may be limited. Services like disability claims processing and appeals management will be put on hold until funding is restored. National parks will remain open during the shutdown, but access may be limited due to reduced staff or resources.
It is important to note that the government shutdown only affects programs and services funded by Congress, so services like Medicare and Medicaid will still be provided. The Internal Revenue Service will also continue to process taxes and refunds, though the IRS will be limited in the amount of personnel available to assist taxpayers.
A prolonged government shutdown would have serious financial implications for both individual citizens and businesses, so it is imperative that Congress passes a budget by the November deadline. Whether or not this deadline is met, individuals should be prepared for the possibility of suspended services and limited access to resources.