US Treasury chief says government shutdown is hitting economy

[BumRushDaShow]

Source: Reuters

October 13, 2025 8:31 AM EDT Updated 8 hours ago


WASHINGTON, Oct 13 (Reuters) - The U.S. federal government shutdown is starting to impact the nation's economy, U.S. Treasury Secretary Scott Bessent said on Monday as the closure entered its 13th day.

"This is getting serious. It's starting to affect the real economy," he told Fox Business Network's "Mornings with Maria" program, without offering more detail.

Bessent added that in order to allow paychecks to U.S. military service members, the government was having to hold back on payments to other federal workers and services in areas such as Smithsonian museums and the National Zoo.

"We are having to shuffle things around. We are having to furlough workers here in DC and around the country," Bessent said in the interview.

Read more: https://www.reuters.com/world/us/us-treasury-chief-says-government-shutdown-is-hitting-economy-2025-10-13/

[niyad]

1. GEEEEZ, ya think???

[turbinetree]

2. No shit sherlock ...................maybe you and your fascist leader and maga controlled congress can solve the issue

by quitting .................you fascists really don't have anything between your ears .........it took you this long to figure it out.............maybe you and that worthless Sean Duffy can stand side by side and look in the mirror and see stupid.....................

[Bernardo de La Paz]

3. I read an estimate that each week of shutdown costs the GDP 0.1 percent. (Before considering draconian firings). . . .nt

[maxsolomon]

4. Maybe negotiate?

Maybe stop preening for cameras and do some legislating?

Heaven forfend the "real" economy experience impacts from Repuke policies.

[ProudMNDemocrat]

5. Too late, Scotty!

What rock has this man been living under?

[travelingthrulife]

6. He has been under the burden of an enormous pile of money.