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government-shutdown-could-cost-us-economy-$14-billion:-cbo
Government Shutdown Could Cost US Economy $14 Billion: CBO

Government Shutdown Could Cost US Economy $14 Billion: CBO

Last updated: October 30, 2025 11:54 am
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Government Shutdown Could Cost US Economy $14 Billion: CBO

Closed signage is seen around the National Gallery of Art Sculpture Garden on the National Mall in Washington on Oct. 12, 2025. Anna Moneymaker/Getty Images

The government shutdown could cost the U.S. economy up to $14 billion, according to an Oct. 29 analysis.

The nonpartisan Congressional Budget Office, writing in a letter to House Budget Committee Chairman Jodey Arrington (R-Texas), estimated the economic impact of the government shutdown, which began on Oct. 1.

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