The CBO estimates the government shutdown is quickly bleeding the economy. The total loss in GDP is projected to hit:
ā¢$7b after 4 wks
ā¢$11b after 6 wks
ā¢$14b after 8 wks
Roughly 650k federal employees furloughed each week, the CBO estimates the shutdown will cause GDP to fall by up to 2% in 4Q25.
3 months ago