![The Government Shutdown Cost The U.S. Economy $11 Billion [Infographic]](https://i.headtopics.com/images/2019/1/31/forbes/even-though-the-5-week-partial-government-shutdown-is-over-for-now-it-has-cost-the-economy-11-billio-1090735156976062480.webp)
Even though the 5-week partial government shutdown is over for now, it has cost the economy $11 billion
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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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Government shutdown costs the economy $11 billion, significantly dings Q1 GDP growth, CBO estimatesGovernment shutdown cost economy $11 billion, with about $3 billion lost permanently, CBO says. Q1 GDP growth to be cut by nearly half percentage point
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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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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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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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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 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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