US Shutdown Costs Pegged At $3 Billion As Government Reopens
US Shutdown Costs Pegged At $3 Billion As Government Reopens
Overall, the U.S. economy lost about $11 billion during the five-week period, CBO said. However, CBO expects $8 billion to be recovered as the government reopens and employees receive back pay.
The CBO estimated the shutdown reduced gross domestic product in the last quarter of 2018 by $3 billion