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2025.11.02 03:28 GMT+8

Shutdown threatens lasting damage to U.S. economy

Updated 2025.11.02 03:28 GMT+8
Poppie Mphuthing

Nov. 1 marks 31 days of the U.S. government shutdown, the second-longest shutdown in the country’s history. And concern is growing about the impact it’s having on America’s economy. 

A new nonpartisan report from the U.S. Congressional Budget Office estimates a permanent GDP loss of up to 14 billion dollars if the shutdown continues another month. 

CGTN’s Poppie Mphuthing has more on the shutdown’s economic consequences.

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