The Government Shutdown Cost The Economy $11 Billion

The federal government shutdown cost the economy $11 billion, according to a new analysis from the nonpartisan Congressional Budget Office.
Although most of the damage to the economy will be reversed as the government re-opens and workers return to their jobs, the CBO estimated $3 billion in economic activity is permanently lost.

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The U.S. government partially shutdown early Saturday after lawmakers failed to reach a spending deal that centered on whether to fund construction of a wall along the U.S.-Mexico border

U.S. Government Shutdown Over Border Wall Funding. Negotiations between White House officials, congressional leaders to continue Saturday. The discussions focused on the package of seven spending bills that would fund the government through September, including a bipartisan Senate measure funding the Department of Homeland Security, which oversees the border wall.

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