Government shutdown’s heavy toll

Written By Unknown on Jumat, 08 November 2013 | 20.49

WASHINGTON — The 16-day government shutdown last month cost taxpayers $2 billion in lost productivity, the White House budget office said Thursday.

The 850,000 federal workers furloughed in the closure missed a total of 6.6 million days, the office said. Congress voted to pay them anyway, at a cost of $2 billion.

The office also estimated 120,000 private-sector jobs were lost, citing outside analyses of lost economic output of $2 billion to $6 billion.

The shutdown also halted $140 million in small-business loans; led to $500 million in lost visitor spending; and delayed $4 billion in tax refunds, it said


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