News Link • Government Debt & Financing
Schumer Shutdown Ends in Ruin for Democrats
• Armstrong EconomicsThe longest government shutdown in US history is officially over. Seven Democrats and one Independent broke party lines to reopen the government. There will be no extended subsidies for Obamacare. Chuck Schumer encouraged his party to protest against the American people in favor of absurd policies that would not benefit the majority. Was it worth it?
Estimates suggest that the shutdown added between $15 billion and $30 billion to the US national debt per week. The Congressional Budget Office (CBO) predicted that a four-week shutdown would cause US GDP to drop by 1% for Q4 2025.
Over 670,000 federal employees were furloughed, while another 730,000 were forced to work without pay. The average federal worker lost around $10,000 during this shutdown. Congress did not go a day without pay despite their refusal to work. The shutdown expanded to 4.5 million when accounting for federal civilians and military members. Approximately 1.3 million active-duty troops experienced financial stress. Over 750,000 National Guard members were forced to continue working without pay.
Chuck Schumer should step down. pic.twitter.com/6OhX2cCo9u
— Graham Platner for Senate (@grahamformaine) November 10, 2025



