The two parties of U.S. government reached an temporary agreement on the problem of “fiscal cliff” at the beginning of 2013.However,the country do not get rid of the shutdown because the U.S. Congress from both parties failed to resolve differences between the new fiscal year the government budget.The U.S. government’s non-core departments formally came to a standstill on October 1st.

Shutdown of the government has influence on millions of American people,about 800,000 federal employees will stop working and go back home,trails in Federal Court may be postponed,some public hospitals service will be suspended,national parks and other tourist attractions will be temporarily closed.

The Ministry of Finance has taken extraordinary measures in order to avoid defaulting on its debt,but it would only be effective before October 17th.After that  if government can not raise the debt ceiling, the U.S., the world’s biggest debtor will be unable to repay the debt timely.Global stock markets will suffer heavy losses,companies need higher funding costs.Both the U.S. and global economies are likely to be dragged and may even fall into recession.

The only solution that may ease the situation is that two parties approve Obama’s health care plan and raise the debt ceiling as soon as possible.