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tazzygirl -> RE: If the government shuts down a few days (2/20/2011 8:54:32 PM)
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Government Shutdown? The Costs of a Shutdown Following the six-day shutdown that lasted from November 14 - 20, 1995, the Clinton Administration released documentation of what it cost: In lost dollars: $700 - $800 million including $400 million to furloughed federal employees who were paid, but did not report to work. The Treasury Department reported another $400 million in lost revenue over the four days that the IRS enforcement divisions were closed. In inconvenience to citizens: Medicare - 400,000 newly eligible participants were delayed in enrolling. Social Security - claims from 112,000 applicants were not processed. 212,000 new or replacement Social Security cards were not issued. 360,000 office visits were denied. 800,000 toll-free calls for information were not answered. State Department: 80,000 passport applications delayed. 80,000 visas delayed. The resulting postponement or cancellation of travel hurt US airlines, hotels, and tourist industry. National Parks: 2 million visitors turned away. Government-backed Loans: FHA mortgage loans worth more than $800 million to more than 10,000 low-and-moderate-income working families were delayed. http://usgovinfo.about.com/library/weekly/aa102499p2.htm Seems there is a cost even when closed.
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