Shutdown will cost at least $7B, but negative effects could be reversed: CBO
The Congressional Budget Office estimates the shutdown will delay federal spending and have a negative effect on the economy that will mostly, but not entirely, reverse once the shutdown ends.
The report, issued Wednesday, found that the shutdown will reduce annualized real GDP growth. After the shutdown, real GDP will be temporarily higher than it would have been otherwise, the report said.

Although most of the decline in real GDP will be recovered eventually, the CBO estimates the shutdown will cost between $7 billion and $14 billion.
The CBO estimates that the output lost because furloughed employees worked fewer weeks during the shutdown would not be recovered.
By the end of 2026, the reduction in hours worked by furloughed federal employees would result in a cumulative loss of real GDP of $7 billion in the four-week shutdown scenario, $11 billion in the six-week scenario, and $14 billion in the eight-week scenario, according to the report.
-ABC News' Zunaira Zaki






