Tag Archives: Shutdown robbed US economy of $11bn: report

WASHINGTON: The five-week government shutdown subtracted $11 billion from the US economy, about twice the amount President Donald Trump sought to fund a border wall, an independent congressional body said on Monday. However, all but $3bn, or 0.02 per cent of GDP, will eventually be recovered as the government resumes operations, the non-partisan Congressional Budget Office said in a report. …

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