US shutdown damage ‘far worse’ than estimated – White House aide

Nov 7th 2025 3:08pm EST

The ongoing standoff has severely impacted travel, hotel, and construction sectors, an economic adviser has said The US government shutdown is inflicting “far worse” economic damage than had been estimated and could cut fourth quarter GDP growth in half, White House economic adviser Kevin Hassett has warned. The 38-day shutdown, the longest in US history, is […]

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