Politics

Government shutdown could lead to $14B in lost GDP, CBO reports

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The ongoing federal shutdown could cost the U.S. economy between $7 billion and $14 billion, according to a new report from the nonpartisan Congressional Budget Office. The report, prepared in response to a request from House Budget Chair Jodey Arrington (R-Texas), estimated the economic impact of the shutdown if it lasts four weeks — a mark hit Wednesday — six weeks…
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