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Shutdown Costs $1.2 Billion as 750,000 Workers Furloughed

10/5/2025

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Summary

Story summary

The Congressional Budget Office says the shutdown has cost $1.2 billion and furloughed 750,000 workers.
Daily costs are about $400 million, with backpay due once funding is restored.
The shutdown began after Republicans failed to pass a funding bill amid Democratic opposition over healthcare tax credits.
The shutdown is now in its fourth day.

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Story summary

The Congressional Budget Office says the shutdown has cost $1.2 billion and furloughed 750,000 workers.
Daily costs are about $400 million, with backpay due once funding is restored.
The shutdown began after Republicans failed to pass a funding bill amid Democratic opposition over healthcare tax credits.
The shutdown is now in its fourth day.