Shutdowns
aren’t cheap. This year’s closure, which ended Thursday, has likely
cost the government and the economy billions of dollars, according to
economists and policy analysts.
Below are a few of the estimates we’ve seen, plus a video of Federal Diary columnist Joe Davidson discussing the financial impacts:
* $24 billion in lost economic output, or 0.6
percent of projected annualized GDP growth, according to the Standard
and Poor’s ratings agency. Similarly, Moody’s Analytics estimated the
impact at $23 billion.
Read full article here from The Washington Post
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