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.

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

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.

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.

The report says lost goods and services from furloughed workers’ downtime won’t be regained once the government reopens.