Government shutdown could cost $14bn, congressional forecaster predicts - US politics live

The Congressional Budget Office has warned that a potential government shutdown could lead to a staggering $14 billion loss in GDP that may never be recovered. This situation highlights the serious economic implications of political gridlock in Washington. As lawmakers struggle to reach an agreement, the impact on essential services and programs could be profound, affecting millions of Americans. The urgency of the matter is underscored by rising costs in healthcare, with Obamacare insurance prices projected to jump by 26% next year, further straining household budgets.