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CBO: Partial shutdown delayed $18 billion in federal spending lowering projected level of real GDP in 1st quarter of 2019 by $8 billion, or 0.2 percent

Jan. 28, 2019 – CBO has estimated the effects of the five-week partial shutdown of the government that started on December 22, 2018, and ended on January 25, 2019. This report presents CBO’s findings, which include the following: CBO estimates that the five-week shutdown delayed approximately $18 billion in federal discretionary spending for compensation and […]