The Economic Impact Of The Federal Shutdown
Thursday, October 17, 2013
To play the media you will need to either update your browser to a recent version or update your Flash plugin
National Park Service employee James Mitchell, right, and others, remove barricades from the grounds of the Lincoln Memorial in Washington, Thursday, Oct. 17, 2013..(AP /Susan Walsh)
View this story on npr.org
After a long budget fight, government shutdown, and debt-ceiling brinksmanship what’s the toll on the economy?
A report from the Macroeconomic Advisers says that all the budget turmoil since 2010 has cost the US economy close to 3 percent of GDP, or almost $700 billion.