Washington — The fight over funding the government is likely to be a costly one.

Each week of the ongoing government shutdown could cost the economy $7 billion and reduce GDP growth by 0.1 percentage points, according to an estimate published by EY-Parthenon chief economist Gregory Daco. That cost is a function of reduced pay for federal employees, delayed government procurement of goods and a decline in demand.

To some extent, a portion of that economic cost would be reversed when the government reopens, as furloughed employees receive back pay and economic activity increases, the analysis said.

It's likely that not everything would be reversible, though. The last shutdown — which was during President Trump's first term and lasted 34 days, beginning in December 2018 and ending i

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