White House economic adviser Larry Kudlow on Monday pushed back against a report from the Congressional Budget Office that showed that the longest government shutdown in history cost the U.S. economy billions of dollars
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Government shutdown projected to cost American economy $3 billionIt had a negligible impact on the overall economy, the CBO said.
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CBO says economy lost $11 billion during shutdownDelayed paychecks, reduced working hours, and stalled contracts led to a loss of about $11 billion in gross domestic product over the five-week partial government shutdown, according to a Congressional Budget Office report
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Government shutdown costs the economy $11 billion, significantly dings Q1 GDP growth, CBO estimatesGovernment shutdown cost economy $11 billion, with about $3 billion lost permanently, CBO says. Q1 GDP growth to be cut by nearly half percentage point
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Asian stocks poised to slip amid uncertainty over US-China trade talksA source confirmed to CNBC on Tuesday that the U.S. had canceled a trade planning meeting with China, but White House economic advisor Larry Kudlow denied that report.
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