The White House has released an article outlining the economic repercussions of a potential government shutdown, noting that all 50 states would experience negative effects. According to the Council of Economic Advisers, the United States could incur a loss of approximately $15 billion in GDP for each week the shutdown continues. This situation is expected to lead to job losses, reduced consumer spending, and disruptions to essential assistance programs such as WIC and SNAP, impacting millions of Americans nationwide.

The article offers detailed statistics illustrating anticipated increases in unemployment and declines in consumer spending across various states. For example, states like California and Texas might experience significant job losses and notable drops in consumer spending as a result of the shutdown. Furthermore, the article emphasizes the number of individuals dependent on federal assistance programs, indicating that many families could lose access to crucial resources if the shutdown persists.

In light of this potential economic crisis, the White House’s updated shutdown website features state-by-state analyses that highlight the seriousness of the situation. With possible wage losses for furloughed workers and reduced federal contract spending, the economic impacts could be extensive, affecting overall state GDP and the livelihoods of numerous families. The article underscores the importance of finding a resolution to avert these significant economic consequences.

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