00:00It's Benzinga, bringing Wall Street to Main Street.
00:03The prolonged government shutdown, mass federal layoffs, and reduced food aid are straining
00:07Washington's economy and social safety net, according to AP. The Capital Area
00:12Food Bank is preparing to distribute 8 million additional meals this year,
00:17nearly 20% more than planned, as demand for assistance surges.
00:21With 20% of the nation's federal workforce based in the region,
00:24missed paychecks are rippling through the local economy,
00:27hurting small businesses and households alike.
00:30Economists warn the region will face lasting consequences as families deplete savings
00:34and local employers lose critical revenue during the holiday quarter.
00:38For all things money, visit Benzinga.com.
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