'A well-functioning economy requires a functioning government'

Shutdowns are harmful to the economy, the American people, and U.S. national security. 

This shutdown began on October 1, when Congress and the Administration could not reach an agreement to continue funding the federal government. It is the sixth time since 1995 that the government has shuttered and will become the longest full government shutdown on record. History shows that shutdowns have ripple effects across the U.S. economy.

“The government shutdown is harming small businesses and costing American economic growth that can’t be recovered,” Neil Bradley, Executive Vice President and Chief Policy Officer at the U.S. Chamber of Commerce, said. “This shutdown is already one of the longest, and there doesn’t appear to be a quick resolution in sight. The impacts to businesses are beginning to pile up, and impacting both their current and future growth. Businesses need the government to function.”  

When the government partially shut down from December 2018 to January 2019, it reduced economic output by $11 billion in the following two quarters, including $3 billion the U.S. economy never regained, analysts estimate.

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