Business US

Report: Government shutdown will cost the economy up to $14 billion

The U.S. economy will lose between $7 billion and $14 billion due to the federal government shutdown, according to a new report released Wednesday by Congress’s nonpartisan bookkeeper.

Federal workers missing paychecks and the interruption of food benefits for low-income Americans are expected to temporarily lower gross domestic product by 1 to 2 percentage points in the fourth quarter of 2025, the Congressional Budget Office reported.

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