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.

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.

Federal agency also estimates country’s GDP will reduce by one to two percentage points over shrinking demand