Trump’s White House admits shutdown is having far worse impact on economy than originally anticipated

As Democrats and Republicans clash over Donald Trump’s demands for $5.7bn in funding for a southern border wall, the president's Council of Economic Advisers has acknowledged the government shutdown will have a far worse impact on economic growth than anticipated. The agency — which advises the president on matters of economic policy — revealed in its latest analysis the shutdown could force the US economy to contract, meaning a drop in national output, along with declines in real personal income and industrial production. The loss in economic growth will nearly double what the council had predicted in its original estimates.