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Shutdown costs economy about $15B a week: Hassett

National Economic Council Director Kevin Hassett warned Monday that the government shutdown could cost the U.S. economy approximately $15 billion a week.

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In an interview on CNBC’s “Squawk Box,” Hassett cited an internal White House report suggesting the shutdown could have serious economic consequences if it continues for too long.

“My friends over at the Council of Economic Advisers gave me a report at the end of the week that said that it costs the U.S. GDP [gross domestic product] about $15 billion a week for a shutdown, or about a tenth of a percent of GDP,” Hassett said Monday.

“And so if the shutdown continues for a long time, then there are going to be a lot of things that don’t happen, and it will show up in

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