Oct 09 2013
Klobuchar Releases New Report Examining Economic Fallout of Government Shutdown
Shutdown threatens recovering housing market, tourism sector, small business lending, and agriculture; Stokes fresh uncertainty surrounding debt ceiling negotiations
WASHINGTON, D.C. – U.S. Senator Amy Klobuchar (D-MN), Vice Chair of the U.S. Congress Joint Economic Committee (JEC), today released a report analyzing the economic fallout of the federal government shutdown that began on October 1st. Klobuchar’s report shows that the shutdown has created significant economic headwinds for the U.S. economy, threatening the recovering housing market, the tourism sector, small business lending and agriculture while generating more uncertainty regarding the ongoing debt ceiling debate.