Economics
White House Says U.S. Could See Zero Growth This Quarter With Shutdown
This article is for subscribers only.
White House Council of Economic Advisers Chairman Kevin Hassett said that if the partial government shutdown extends through March, there’s a chance of zero economic expansion this quarter, though “humongous” growth would follow once federal agencies reopen.
Asked in a CNN interview Wednesday if the U.S. could see zero growth with the shutdown, Hassett responded, “Yes, we could, if it extended for the whole quarter.”