The shutdown may have ended when President Obama signed a deal late on Wednesday, but some of the consequences will stay with us. Standard & Poor’s has estimated that the shutdown .
That’s not a small amount of money. How does that stack up against other big expenditures? Here’s just a sampling of what else costs that much:
· The cost of program combined: $25.2 billion
The topline figure may not take many other costs into account, such as from the , permits that got held up, and the in tax revenue. Plus the government could , which could ding business and consumer confidence and bring about more costs.
The shutdown was just the latest budget crisis that has been costly to the economy. A recent report found that the uncertainty created by fights over funding the government and raising the debt ceiling that have cropped up since 2010 has .