Treasury Secretary Bessent says U.S. GDP could take a hit from the shutdown
1. Economic growth may decline due to the ongoing government shutdown. 2. GDP rose at a 3.8% annualized rate, but shutdown risks stalling it. 3. A prolonged shutdown could significantly impact 750,000 federal workers. 4. Previous shutdowns had little effect; however, a long duration could harm growth. 5. Treasury Secretary criticized Democratic leaders for ineffectiveness in negotiations.