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October 16, 2025 1:48 PM

Shutdown could cost US economy $15 billion a week, Treasury says

The two-week-old federal government shutdown may cost the U.S. economy as much as $15 billion a week in lost output, a Treasury official said late on Wednesday, correcting an earlier statement from Treasury Secretary Scott Bessent that put the cost a...

Last updated on: 4th September 2026

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