NEC 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.'
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.
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 »
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.
Read more »
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
Read more »
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.
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 »
Calculating the cost of the 35 day government shutdownShutting down the government for 35 days may cost the American economy $11 billion - this according to the non-partisan Congressional Budget Office. Stephanie Ruhle and Ali Velshi are joined by CNBC’s Editor at Large, John Harwood, to discuss the economic repercussions of the shutdown and prolonged budget battle.
Read more »
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.
Read more »