Partial U.S. Government Shutdown Cost Economy $3 Billion: Budget Office

www.oann.com | 1/28/2019 | Staff
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WASHINGTON (Reuters) – The U.S. economy is expected to lose $3 billion from the 35-day partial federal government shutdown over President Donald Trump’s demand for border wall funding, congressional researchers said on Monday.

The cost of the shutdown will make the U.S. economy 0.02 percent smaller than expected in 2019, a report by the nonpartisan Congressional Budget Office (CBO) said. But researchers said more significant effects will be felt by individual businesses and workers, particularly the nearly 800,000 federal employees who went without pay.

US - Economy

Overall, the U.S. economy lost about $11 billion during the five-week...
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