Karoline Leavitt: “According to a CBO estimate, the Democrat shutdown could end…”

“… shutdown and our economy has lost billions and billions of dollars in economic activity over the course of this shutdown, hurting consumer sentiment and crushing the travel and hospitality industries. According to a CBO estimate, the Democrat shutdown could end up decreasing fourth quarter economic growth by two whole percentage points. The Democrat shutdown made it extraordinarily difficult for economic economists, investors and policymakers at the Federal Reserve to receive critical government data.” (27:24–27:34)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.