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PODCAST: Looming government shutdown

An obscure tax could play an big role in government shutdown negotiations. How effective was the U.S. Special Inspector General's office for Iraq at eliminating abuse and fraud? And if Congress doesn't strike a deal it will impact jobs — and the jobs report this Friday.

Lawmakers are running out of options to avoid a possible government shutdown, but a once obscure tax could now play an important role in negotiations.

The office established as the temporary oversight agency for Iraq reconstruction will cease operations.

If Congress doesn’t strike a budget deal by Monday night, what have been deemed ‘non-essential’ parts of the federal government will close down. Turns out, this includes the statisticians who are calculating what is arguably the most market-sensitive government report of the week:  Friday’s scheduled employment and unemployment report.

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