search
Sections List
American Journal News

Trump's shutdown tantrum cost the US economy a whopping $11 billion

And $3 billion can’t ever be recovered — all to withhold federal workers’ pay and endanger lives for a useless wall.

By Dan Desai Martin - January 28, 2019
Share
Trump

In addition to the pain and hardship the Trump shutdown cost countless families, a new nonpartisan report from the Congressional Budget Office (CBO) shows the U.S. economy lost a total of $11 billion, thanks to Trump’s decision to shut down the government for the wall he wants along the U.S.-Mexico border.

Some of the damage can be reversed now that federal workers will be paid and back at work, but $3 billion is permanently lost.

“It is clear as day that the president’s temper tantrum caused serious and lasting damage to our nation’s economy,” Senate Minority Leader Chuck Schumer (D-NY) said in a statement.

While $3 billion is a steep price to pay for Trump’s hissy fits, the cold numbers should not overshadow the pain and suffering endured by thousands of families across the country.

An estimated 800,000 federal workers were forced to go weeks without pay. Some workers worried about homelessness while others could not provide asthma medication for their children. Celebrity chef Jose Andres tried to feed thousands of federal workers while others relied on food banks and soup kitchens.

While families suffered, FBI agents warned about the national security threats caused by the shutdown, as well as noting decreased enforcement efforts against criminals such as sex traffickers and gang members. As the economy was on it’s way to losing $3 billion, airline workers warned of unprecedented risks to air travel.

The Trump shutdown “inflicted needless pain and chaos in the lives of millions of Americans, and stole billions of dollars from the economy,” Speaker Nancy Pelosi (D-CA) said in a statement. “Workers’ financial security, families’ well-being and America’s economic strength all were senselessly sacrificed because of President Trump’s callousness,” she added.

Trump initiated the government shutdown after demanding $5.6 billion for a border wall. He told Democratic leaders he would be proud to “own” the shutdown, and led the country into the longest government shutdown in history, lasting 35 days. In the end, Trump caved and signed a bill to reopen the government without receiving a single penny for the wall.

In a shocking statement, Trump’s chief of staff, Mick Mulvaney, told “Face the Nation” that Trump was prepared to shut the government down again in mid-February if he doesn’t get his way.

Trump doesn’t care who he hurts — or how much it costs — as he barrels forward with a singular obsession with a wall most Americans don’t want.

Published with permission of The American Independent Foundation.


AJ News
Get the latest news here first.

Tai News

Newsletter
Read More
AJ News
Latest
Tate Reeves took donations from power company that hiked customer rates

Tate Reeves took donations from power company that hiked customer rates

By Jesse Valentine - November 06, 2023
Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

By Jesse Valentine - November 03, 2023
Republican operatives sound every alarm on current trajectory of 2023 governor’s race

Republican operatives sound every alarm on current trajectory of 2023 governor’s race

By Adam Ganucheau, Mississippi Today - October 24, 2023
Abortion advocates submit ballot issue affirming right to terminate pregnancy in Montana

Abortion advocates submit ballot issue affirming right to terminate pregnancy in Montana

By Nicole Girten - November 27, 2023
Proposed Arkansas ballot measure would make abortion access a constitutional right

Proposed Arkansas ballot measure would make abortion access a constitutional right

By Tess Vrbin - November 27, 2023
Assemblywoman-elect Luanne Peterpaul will be first out lesbian in New Jersey Legislature

Assemblywoman-elect Luanne Peterpaul will be first out lesbian in New Jersey Legislature

By Sophie Nieto-Muñoz - November 20, 2023
Ohio Second Amendment ‘sanctuary’ measure cleared for the House floor

Ohio Second Amendment ‘sanctuary’ measure cleared for the House floor

By Nick Evans - November 20, 2023
 David McCormick bungles critique of Sen. Casey’s China policy

 David McCormick bungles critique of Sen. Casey’s China policy

By Jesse Valentine - November 17, 2023
Conservative groups lick wounds after school board election loss, vow to continue fighting

Conservative groups lick wounds after school board election loss, vow to continue fighting

By Michelle Griffith - November 17, 2023