Treasury Secretary Scott Bessent told CNBC’s “Squawk Box” on Thursday that U.S. economic growth could be hurt by the government shutdown.
“This isn’t the way to have a discussion, shutting down the government and lowering the GDP,” Bessent said during a live interview. “We could see a hit to the GDP, a hit to growth and a hit to working America.”
The Cabinet official spoke on the second day of the government closure as the two warring sides in Washington, D.C. have yet to come to an agreement on a continuing resolution that would allow spending and operations to continue.
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