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TechFlow news, November 7 — According to Jinshi Data, Kevin Hassett, Director of the White House National Economic Council, said the economic impact of the government shutdown is far more severe than expected. The government shutdown will reduce GDP growth in the fourth quarter and could cause long-term damage to efficient governance.
According to Jinshi Data, Kevin Hassett, Director of the White House National Economic Council: the government shutdown's impact on the economy is far more severe than expected. Due to the shutdown, Q4 GDP growth will decline and it may cause long-term damage to efficient government operations.
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