Another government shutdown could inflict greater harm on the U.S. economy, espe...
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.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.
Read more »
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.
Read more »
Partial U.S. government shutdown cost economy $3 billion: budget officeThe U.S. economy is expected to lose $3 billion from the 35-day partial federal ...
Read more »
The government shutdown cost the U.S. economy $3 billion, which will never be recovered: Report'Among those who experienced the largest and most direct negative effects are federal workers who faced delayed compensation and private-sector entities that lost business,' the Congressional Budget Office wrote in the report.
Read more »
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.
Read more »
Government shutdown projected to cost U.S. economy $3 billionThe longest-ever government shutdown cost the federal government $11 billion in lost economic activity, although about $8 billion in that will be made up in additional economic activity as back-pay goes out to federal workers, the Congressional Budget Office said in a report on Monday.
Read more »
U.S. economy lost at least $6 billion to government shutdown: S&PThe U.S. economy lost at least $6 billion during the partial shutdown of the fed...
Read more »