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Pakistan & Gulf Economist
Home»Infographics»Cost of the Shutdown Is Surpassing the Cost of the Wall
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Cost of the Shutdown Is Surpassing the Cost of the Wall

By AdminPAGEJanuary 28, 2019Updated:January 28, 2019No Comments1 Min Read
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[box type=”info” align=”” class=”” width=””]by Sarah Feldman, Jan 25, 2019[/box]

The 800,000 federal workers who have been furloughed and working without pay will be missing their second paycheck today. Sentier Research estimated that roughly 6 billion will be owed to workers in back pay once the shut down is over. Federal workers have received back pay during previous shutdowns, though private employees who are contracted to work for the federal government will not receive back pay, stomaching the now 5-week loss in wages.

On top of that, the damage to the U.S. economy is now estimated to be roughly 6 billion, due to the partial government shutdown. Congress and President Trump have been unable to reach a funding compromise. The partial government shutdown began on December 22, 2018, when President Trump and Congress were unable to agree upon a funding bill. President Trump would like to see $5.7 billion appropriated to fund the building of a Southern border wall, a polarizing proposal that animates both sides of the partisan divide.

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Infographic: Cost of the Shutdown Is Surpassing the Cost of the Wall | Statista You will find more infographics at Statista

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(PAGE) is the leading weekly financial magazine of the country for nearly 40 years. It is read widely both nationally and internationally for its coverage of various topics and investigative reporting by the business community, members of the Karachi, Lahore and Islamabad stock exchanges, members of different chambers of commerce and industry, governments officials, professionals, bankers, students and is also subscribed by major libraries around the world.

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