‘We’re Flying Blind.’ The Shutdown Is Making it Harder for Economists to Understand the Shutdown

The Congressional Budget Office on Monday delivered its estimated economic cost of the five-week partial government shutdown: $11 billion dollars, with $3 billion in permanent economic losses.

Those numbers are now being leveraged for partisan ends on either side of the political spectrum. But even the CBO admitted that they don't provide a full picture of the shutdown's cost.

The Congressional Budget Office on Monday delivered its estimated economic cost of the five-week partial government shutdown: $11 billion dollars, with $3 billion in permanent economic losses. Those numbers are now being leveraged for partisan ends on either side of the political spectrum. But even the CBO admitted that they don't provide a full picture of the shutdown's cost.