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Government shutdown could cost U.S. economy up to $14 billion, CBO says
The closure of the government, already the second-longest in U.S. history, becomes more expensive the longer it drags on, CBO Director Phillip Swagel said.
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cnbc.com
Government shutdown could cost U.S. economy up to $14 billion, CBO says
The closure of the government, already the second-longest in U.S. history, becomes more expensive the longer it drags on, CBO Director Phillip Swagel said.
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theguardian.com
US could lose between $7bn and $14bn during shutdown, budget office says
Federal agency also estimates country’s GDP will reduce by one to two percentage points over shrinking demand
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upi.com
Congressional Budget Office estimates an up-to-$14B shutdown cost - UPI.com
The longer the federal government shutdown lasts, the more it will cost the U.S. economy, which the Congressional Budget Office estimates at up to $14 billion.
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Shutdown cost government contractors $12 billion so far, Chamber of Commerce report says
The Chamber of Commerce urged Congress to pass a short-term funding bill that would reopen the federal government, which shut down on Oct. 1.
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fortune.com
The government shutdown won't be completely recouped—and it could cost the economy up to $14 billion, estimates say | Fortune
The report says lost goods and services from furloughed workers’ downtime won’t be regained once the government reopens.