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US could lose between $7bn and $14bn during shutdown, budget office says

Federal agency also estimates country’s GDP will reduce by one to two percentage points over shrinking demandThe US is set to lose between $7bn and $14bn as a result of the ongoing federal government shutdown, according to the congressional budget office.On Wednesday, the nonpartisan federal agency released its estimates in a new report to the House budget committee as the government shutdown reaches four weeks. Continue reading...

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