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Economy could lose $14 billion in two-month government shutdown, agency estimates

A sign turns away tourists at the entrance to the Capitol Visitor Center in Washington this month. (J. SCOTT APPLEWHITE/AP)
A sign turns away tourists at the entrance to the Capitol Visitor Center in Washington this month. (J. SCOTT APPLEWHITE/AP)
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The Congressional Budget Office outlined the shutdown’s potential effects on real GDP if it ended Wednesday, in two weeks and at the end of November. If the government reopened immediately, $7 billion would be lost, while there would be $11 billion less in economic output if the shutdown ended on Nov. 12, the budget office said.

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