Claim: The partial government shutdown will reduce real GDP by $3 billion, on net, the CBO estimates. At least twice, House Majority Leader Steny Hoyer has said CBO put the cost at $11 billion, neglecting to explain that the agency figures the economy will regain $8 billion of that this year.
Fact-check: Hoyer Inflates CBO's Shutdown Cost Estimate - FactCheck.org
Verdict: the partial government shutdown will reduce real gdp by $3 billion, on net, the cbo estimates. at least twice, house majority leader steny hoyer has said cbo put the cost at $11 billion, neglecting to explain that the agency figures the economy will regain $8 billion of that this year.
Organisation: FactCheck.org
Author: D'Angelo Gore
Date published: 2019-01-31T20:18:47