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U.S. Government Shutdown Deepens With Cost Estimates, Layoff Plans and FBI Security Warning

White House documents project a $15 billion weekly GDP hit, with roughly 750,000 workers facing daily furloughs.

Overview

  • The Congressional Budget Office estimates compensation costs of about $400 million per day during the funding lapse.
  • OMB Director Russell Vought told House Republicans that mass layoffs and program cuts could begin within days.
  • White House projections relayed by Politico warn of 43,000 additional unemployed and a $30 billion drop in consumer spending if the shutdown lasts a month.
  • The Association of FBI Agents cautioned that reduced resources could undermine investigations, forensics and cooperation at home and abroad, posing a national security risk.
  • Local Washington businesses rolled out discounts and free items for affected workers, as President Donald Trump urged cuts to waste and Secretary of State Marco Rubio blamed Democrats for the stoppage.