Shutdown projected to cause $3B permanent hit to economy

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Shutdown projected to cause $3B permanent hit to economy
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Government report says US budget deficit set to hit $897 billion

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The shutdown cost the economy $11 billion – including a permanent $3 billion loss, government saysThe shutdown cost the economy $11 billion – including a permanent $3 billion loss, government saysOverall, the CBO projected economic growth will slow this year to 2.3 percent, compared to the 3.1 percent rate last year, as the benefits of the new tax law begin to fade.
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US economy now growing at less than 2 percent due to government shutdown, JP Morgan saysUS economy now growing at less than 2 percent due to government shutdown, JP Morgan saysJP Morgan economists said the government shutdown is beginning to take a bigger toll on the U.S. economy, and growth is now below 2 percent, despite resilience in the private sector
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The economy will never recover much of the losses from the government shutdown, JPM's Erdoes saysThe economy will never recover much of the losses from the government shutdown, JPM's Erdoes saysThe economy will never recover much of the losses from the government shutdown, JPM's Erdoes says via YahooFinance
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U.S. economy could see zero growth if shutdown continues, White House adviser saysU.S. economy could see zero growth if shutdown continues, White House adviser says“The second-quarter number would be humongous if the government reopened. It would be like 4 or 5 percent,” Kevin Hassett, chairman of Trump’s Council of Economic Advisers, told CNN.
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