The Federal Government Has Reopened

House Vote re Opening Gov

In the Senate, the final votes for passage: 81-18.

ABC News: The Costs of the Government Shutdown

The 16-day government shutdown is over, but the country has taken at least a $24 billion hit along the way.

The financial ratings agency Standard & Poor’s said Wednesday the shutdown “to date has taken $24 billion out of the economy,” equaling $1.5 billion dollars a day and “shaved at least 0.6 percent off annualized fourth-quarter 2013 GDP growth.”

These estimates are for the overall economy, taking into account not just federal wages and productivity, but all the ripple effects and costs as well.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s