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Rescooped by Sam Stoopes from Current Events
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Aug20 0006


Via Ryan Rahn
Sam Stoopes's insight:

That's sweet

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Government shutdown: What's the cost? - CBS News

Government shutdown: What's the cost? - CBS News | Current Event | Scoop.it
Government shutdown: What's the cost?
CBS News
The Office of Management and Budget estimated that two government shutdowns in 1995 and 1996, totaling 27 days, cost the federal government $1.4 billion.
Sam Stoopes's insight:

The government shutdown could cost the United States of America over 2 billion dollars. In 1995 and 1996 the government shut down for 27 days and it costed us 1.4 billion dollars. The federal government spends roughly 3 billion dollars in discretionary spending. Another area where the shutdown will cost money in contract spending. People are saying they are paying for stuff that isn't happening.

 

 

I think it is crazy how much money is being spent on the shutdown of the government. Obviously it's not a good idea because in 1995 it costed them a lot of money so it will be a lot more now. They should of just came to an agreement because in the long run it is going to cost the government a lot of money they should of just came to a point on the debt.

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Five federal-government stories to keep your eye on for 2014 - Washington Post (blog)

Five federal-government stories to keep your eye on for 2014 - Washington Post (blog) | Current Event | Scoop.it
Five federal-government stories to keep your eye on for 2014
Washington Post (blog)
The previous year provided some captivating federal news, from sequestration and the government shutdown to furloughs and fiscal-cliff debates.
Sam Stoopes's insight:

This is pretty neat 

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