Paying the Piper: Cost of the US Government Closure

The sixteen day political exercise in Washington is over. The costs are being tallied. There are economic and political costs that are worth considering. S&P estimates that the government closure will shave 0.6% off Q4 GDP’s annualized rate or about $24 bln. A Reuters poll found a consensus …

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Paying the Piper: Cost of the US Government Closure