An analysis has found that the record-breaking shutdown has cost the U.S. economy an estimated $11 billion, $3 billion of which has been lost permanently
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The 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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Report estimates shutdown cost economy $11 billion, $3 billion won't be recoveredThe nonpartisan Congressional Budget Office estimates that the longest-running government shutdown in U.S. history came at a price: costing the economy $11 billion.
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Shutdown cost U.S. economy $11 billion, budget office saysNonpartisan Congressional Budget Office finds that the US economy took an $11,000,000,000 hit -- including $3,000,000,000 that's gone forever -- in the 35 days that parts of the US federal government went unfunded.
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Government shutdown cost U.S. economy $11 billion in the short run, CBO estimatesThe partial government shutdown subtracted about $11 billion in growth from the economy, a congressional agency found, a downgrade that could potentially keep the U.S. from achieving 3% GDP in 2018 for the first time in 13 years.
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Intel to invest $11 billion on new Israeli chip plant: Israel finance ministerIntel Corp will invest 40 billion shekels ($10.9 billion) on a new chip-making f...
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Insurance claims from deadly California wildfires top $11.4BInsurance claims from California's deadly November 2018 wildfires have topped $11.4 billion, making the series of fires some of the most expensive in state history, officials said Monday. The latest tally adds to growing concerns about the future availability of home insurance in...
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The Government Shutdown Cost The U.S. Economy $11 Billion [Infographic]An analysis has found that the record-breaking shutdown has cost the U.S. economy an estimated $11 billion, $3 billion of which has been lost permanently.
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CBO says economy lost $11 billion during shutdownDelayed paychecks, reduced working hours, and stalled contracts led to a loss of about $11 billion in gross domestic product over the five-week partial government shutdown, according to a Congressional Budget Office report
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Shutdown cost economy $11 billion, report estimatesNEC Dir. Larry Kudlow on new CBO report that shutdown cost U.S. economy billions: 'No, I won't acknowledge any of that right now...Let's see how it rolls out.' 'There's certainly no permanent damage to the economy.'
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