US EditionDHS Shutdown Has Caused at Least $2.5 Billion in Losses so Far — but Damage Expected to Be Far Worse, Economists Say
- The Department of Homeland Security shutdown has caused a $2.5 billion loss to the economy so far, excluding broader economic effects like travel delays and reduced consumer spending.
- The travel economy is losing about $1 billion per week due to the shutdown, with severe staffing shortages causing long delays and cancellations at airports.
- Approximately 100,000 DHS employees have missed their first full paycheck, causing financial hardship and low morale comparable to a 10% salary cut, according to DHS officials and a University of Virginia study.
- The shutdown began on February 14 and continues without resolution, leading to ongoing economic and security disruptions.
11 Articles
11 Articles
Democrats admit their DHS shutdown is “making people hurt” as they stall negotiations with dangerous demands
For over a month, Democrats have shut down the Department of Homeland Security — inflicting pain on over 100,000 American families missing paychecks and
DHS shutdown has caused at least $2.5 billion in losses so far — but damage expected to be far worse, economists say
The month-long funding lapse of critical Department of Homeland Security agencies is wreaking havoc on the travel economy and threatening the country's safety, experts are warning — with no end in sight for the deadlock.
Democrats admit their DHS shutdown is 'making people hurt' as they stall negotiations with dangerous demands
From The White House: For over a month, Democrats have shut down the Department of Homeland Security — inflicting pain on over 100,000 American families missing paychecks and causing widespread disruption to millions of travelers across the country. Democrats have misrepresented negotiations in the press, been unresponsive, prolonged the suffering of hardworking Americans, boasted that they are “very serene” about this dangerous shutdown and are…
WASHINGTON — The partial closure of the one-month-old Department of Homeland Security (DHS) has caused an estimated direct economic impact of $2.5 billion, according to White House economists’ forecasts. This figure, considered conservative, adds to losses over $90 billion generated by last year’s record government closure. The White House’s Council of Economic Advisers’ estimate is described as “very conservative,” as it only includes the direc…
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