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US shutdown subtracted $11bn from GDP: Congressional report

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The five-week US government shutdown subtracted $11 billion from the economy, about twice the amount President Donald Trump sought to fund a border wall, a congressional body said Monday. However, all but $3 billion, or 0.02 per cent of GDP, will eventually recovered as the government resumes operations, the non-partisan Congressional Budget Office said in a report.

from World News Headlines, Latest International News, World Breaking News - Times of India http://bit.ly/2HEtC58

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