White House economic adviser Kevin Hassett concedes that the US could end up with zero GDP growth in the first quarter but says he’s not overly worried about the longterm economic effects of the government shutdown
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White House now expects greater impact on economy from shutdownThe broader impact of the shutdown on the U.S. economy may be double what was projected, White House economists confirmed on Wednesday, Day 26 of the political standoff. On the political front, no high-level talks with Democratic leadership are scheduled in the stalemate over the president's demand
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