Sunday 19 October 2025
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wn.com - 3 days ago

Shutdown could cost US economy $15b a week: Treasury

WASHINGTON — The two-week-old US federal government shutdown may cost the country as much as $15 billion a week in lost output, a Treasury official said late on Wednesday, correcting an earlier statement by Treasury Secretary Scott Bessent that put the cost at up to $15 billion a day. Bessent used the incorrect estimate in two separate appearances...


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