In the USA, the error of Finance Minister Bessent in calculating the damage from the shutdown was corrected
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- In the USA, the error of Finance Minister Bessent in calculating the damage from the shutdown was corrected
The shutdown of the US federal government (shutdown) damages the economy in the amount of $15 billion per week, not per day, as previously stated by US Treasury Secretary Scott Bessant. This was reported on October 16 by the Reuters news agency, citing a representative of the financial department.
"A two-week shutdown of the federal government could cost the U.S. economy $15 billion a week due to production losses, a Treasury Department official said on Wednesday evening, correcting an earlier statement by Treasury Secretary Scott Bessent, which said that losses could amount to up to $15 billion dollars per day," the publication says.
The news is being updated
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