‘US Could Lose $15B in GDP Each Week’: White House Press Secy Leavitt on Govt Shutdown

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White House Press Secretary Karoline Leavitt warns that the US economy could lose up to $15 billion in GDP every week the government shutdown continues, raising alarm about severe consequences for businesses, workers, and consumers nationwide. In this video, we break down the administration’s economic estimates, explore the shutdown’s real impact on jobs and federal agencies, and explain what’s at stake if Congress fails to reach a deal.  #WhiteHouse #GDP #SecyLeavitt  #GovtShutdown #World   🔊 LIKE ➡ SHARE ➡ SUBSCRIBE  Download the Asianet News App now!  Available on Android & iOS  👉 Android:  https://play.google.com/store/apps/details?id=com.vserv.asianet&hl=en_IN   👉 iOS:  https://apps.apple.com/in/app/asianet-news-official/id1093450032   For More Updates:  Follow us on our What's app Channel: https://whatsapp.com/channel/0029Va5Bq3yKwqSLSQTxam0r  English: https://newsable.asianetnews.com/  Hindi: https://hindi.asianetnews.com/  Malayalam: https://www.asianetnews.com/  Kannada: https://kannada.asianetnews.com/  Tamil: https://tamil.asianetnews.com/  Telugu: https://telugu.asianetnews.com/  Bengali: https://bangla.asianetnews.com/  Like us on Facebook: https://www.facebook.com/AsianetNewsa...  Follow us on Twitter:  https://twitter.com/AsianetNewsEN  Follow us on Instagram: https://www.instagram.com/ann.newsable/  ➡ If you like our video, give us a thumbs up and subscribe to our channel to get the daily dosage of news, entertainment, sports and more.

Transcript

00:00The economic consequences of this shutdown are piling up every day.

00:04Policymakers, markets, and even the Federal Reserve are flying blind at a key juncture

00:09because BLS and BEA data are on hold until the government reopens.

00:14Democrats shutting down the federal government to give health care to illegal aliens could

00:18lead to lower growth and higher unemployment rates for Americans.

00:22According to a new memo from the Council of Economic Advisers,

00:25the U.S. economy could lose $15 billion of growth domestic product each week.

00:31Every single week, the Democrat shutdown extends,

00:33with a month-long shutdown leading to an additional 43,000 unemployed people.

00:39Small businesses are likely to encounter delays in receiving federal loans.

00:43Mortgage applications will likely shrink.

00:45And just this morning, Business Roundtable, an association of more than 200 CEOs of

00:50Americans' leading companies representing every sector of the U.S. economy, put out a statement

00:56urging Congress to pass the clean CR that will once again come before them in the Senate floor

01:02in just a few moments.

01:03Quote,

01:04A fully functioning government is essential for American businesses, workers, and consumers,

01:09while policymakers continue working on a full-year funding package and other pressing issues.

01:15Again, that is a quote from the Business Roundtable.

01:18What's clear is that the Democrats' actions account to an intentional sabotage of our country

01:23and our people by shutting down our government.

01:26This madness must end.

01:28President Trump and Republicans are calling on Democrats to reopen the government immediately

01:34on behalf of the American public.

01:36All we need are five Democrat Senators to do the right thing and to stop this shutdown.

01:42Call your Democrat Senator and tell them to vote YES to reopen the government.

01:46On another matter, despite the Democrats' shutdown, President Trump's efforts to

01:50make America safe again continue.

01:52President Trump believes that American cities should be the safest places on Earth,

01:57and he is committed to making this a reality.

02:00We've already seen that President Trump successfully made D.C. safe again in only a few weeks.

02:05That same crime crackdown will continue to happen in cities across the country

02:09and is happening in Portland, Oregon.

02:11President Trump will end the radical left's reign of terror in Portland once and for all.

02:17The President has directed Secretary Hegseth to provide all necessary troops to protect war-ravaged

02:23Portland and any ICE facilities under siege from attack by Antifa and other left-wing domestic terrorists.

02:29What's been allowed to happen in Portland, and we saw disturbing video footage of this last night,

02:34this is not peaceful protesting, this is left-wing anarchy that has been destroying this great American

02:40city for years, leaving police officers battered, citizens terrorized and business properties damaged.

02:47Since early June alone, Antifa terrorists have laid siege to the ICE field office in South Portland.

02:52These radical left-wing lunatics have violently breached the ICE facility by using a stop sign

02:57as a battering ram, hurled explosives and other projectiles at law enforcement, repeatedly assault

03:03and dox officers, berate their law-abiding neighbors, and have even rolled out a guillotine

03:09in front of the ICE facility.

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