CBO: Trump tantrum cost the nation $11 billion

[reagansghost]

fuckin retard.........how you like him now Coultergeist? lol


The Congressional Budget Office crunched the numbers on the government shutdown. Turns out the world's greatest businessman, aided and abetted by the party of fiscal responsibility, cost the nation $11 billion, $3 billion of which is not recoverable.

The shutdown delayed $18 billion in "federal discretionary spending for compensation and purchases of goods and services and suspended some federal services," the CBO calculates. That decrease in economic activity cost $3 billion in the last quarter of fiscal year 2018 compared to what it would have been otherwise. They estimate the real GDP loss for the entire first quarter of 2019 will be $8 billion, compared to what it would have been. "Although most of the real GDP lost during the fourth quarter of 2018 and the first quarter of 2019 will eventually be recovered," they say, "CBO estimates that about $3 billion will not be."

[Bourbon]

Great Business Man

[Centerleftfl]

Double the cost of the money he wanted for his wall. This from a 'FANTASTIC BUSINESS MAN' with a 'big brain' who is 'really really smart' who went to one of the 'top schools' (in finance no less).

You just can't make this shit up!

[Irish Exit]

So the democrats gave up $5B in economic activity because of Nancy and Chuck's bitchfits. Cool. Wonder what they cost will be in 19 days when the government shuts down again.

[canceled.2021.3]

fuckin retard.........how you like him now Coultergeist? lol


The Congressional Budget Office crunched the numbers on the government shutdown. Turns out the world's greatest businessman, aided and abetted by the party of fiscal responsibility, cost the nation $11 billion, $3 billion of which is not recoverable.

The shutdown delayed $18 billion in "federal discretionary spending for compensation and purchases of goods and services and suspended some federal services," the CBO calculates. That decrease in economic activity cost $3 billion in the last quarter of fiscal year 2018 compared to what it would have been otherwise. They estimate the real GDP loss for the entire first quarter of 2019 will be $8 billion, compared to what it would have been. "Although most of the real GDP lost during the fourth quarter of 2018 and the first quarter of 2019 will eventually be recovered," they say, "CBO estimates that about $3 billion will not be."

#MAGA

Shut it down again