5.5 C
Ottawa
Saturday, November 1, 2025

Government Shutdown Could Cost US Economy $14 Billion: CBO

Date:

Closed signage is seen around the National Gallery of Art Sculpture Garden on the National Mall in Washington on Oct. 12, 2025. Anna Moneymaker/Getty ImagesThe government shutdown could cost the U.S. economy up to $14 billion, a new analysis said on Oct. 29.The nonpartisan Congressional Budget Office, writing in a letter to House Budget Committee Chairman Jodey Arrington (R-Texas), estimated the economic impact of the government shutdown, now in its 29th day.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

How to Plan Your First International Trip After Retirement

RetirementYour first international trip after retirement can be life-changing—but...

Meta Stock Loses $214 Billion in Market Cap in Biggest Single-Day Decline in 3 Years

Technology company Meta Platforms at a booth during the...

More US Parents Leave Work as Child Care Costs Outpace Inflation, BofA Reports

A young boy plays with toys at a preschool...

How Major US Stock Indexes Fared Oct. 31

Amazon carried the U.S. stock market to the finish...