How much did the shutdown cost? It depends who you ask.

Caryn Shaffer
Treasure Coast Newspapers
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During the shutdown, an estimated 380,000 federal workers were furloughed and another 420,000 worked without pay, according to estimates by the staff of Vermont Sen. Patrick Leahy, the top Democrat on the Senate Appropriations Committee. 

A large portion of those who worked without pay were Department of Homeland Security employees, including some 53,000 airport screeners, 54,000 Customs and Border Protection agents and 42,000 Coast Guard employees.

The longest shutdown in U.S. history is now over, at least for three weeks. President Donald Trump and Congress worked out a deal after 35 days to reopen closed government agencies and pay back federal employees who have been going to work without pay.

Nine out 15 federal departments closed, including Agriculture, Commerce, Justice, Homeland Security, Housing and Urban Development, Interior, State, Transportation and Treasury. Congress already approved spending for other federal departments, including Defense, Education, Veterans Affairs, Energy, Labor and Health and Human Services.

More:Treasure Coast federal employees return to work after shutdown amid 'air of positivity'


More:By the numbers: How the government shutdown is affecting the US

So how much did it all cost? It depends on who you ask.

$6 billion

S&P Global Ratings estimated Friday that the shutdown cost $6 billion, $300 million more than Trump's demand for $5.7 billion to build the southern border wall.

More:Government shutdown cost $6 billion. That's more than Trump wanted for the border wall

$8.7 billion

Moody's Analytics economist Mark Zandi estimated the shutdown would knock $8.7 billion off gross domestic product, shaving first-quarter economic growth by about two-tenths of a percentage point.

More:By the numbers: How the government shutdown is affecting the US

More:Government shutdown: How it could hurt the economy

$11 billion

The Congressional Budget Office said Monday that the 35-day government shutdown wiped out $11 billion in economic activity, most of which will be recouped, but the episode will noticeably reduce economic growth in the first quarter.

While most of the losses will be recovered, about $3 billion are permanently wiped out, the agency said. For example, while some of federal workers’ retail purchases will simply be deferred, other such as restaurant meals won’t be. And federal employees will not make up most of the hours they didn’t put in. 

The five-week shutdown delayed about $18 billion in federal spending on employee salaries and the purchase of goods and services, CBO said.

More:Government shutdown costs the economy $11 billion, significantly dings Q1 GDP growth, CBO estimates


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