Economy News Biden Warns Government Shutdown Would ‘damage The Economy Significantly’ Amid ‘intense’ House And Senate Negotiations – Live
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Brian Moynihan warns government shutdown risks slowing the economy—and urges policymakers to address fiscal concerns with a ‘clear head’
Brian Moynihan, CEO of Bank of America, is one of the voices now warning that if the government shutdown drags on too much longer then more serious economic consequences will have to be endured. Read More
Treasury Secretary Bessent warns shutdown could slash quarterly economic growth by half
Treasury Secretary Scott Bessent warns government shutdown could slash economic growth by half this quarter, calling impact worse each day the impasse continues. Read More
Government shutdown standoff could trim $14 billion from GDP, CBO warns
FIRST ON FOX: The U.S. economy could lose up to $14 billion in economic growth due to the ongoing government shutdown, a new analysis said Wednesday. The nonpartisan Congressional Budget Office (CBO) ... Read More
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