Behind The Mic With Joe Mathieu: How Gov’t. Shutdown Could Hurt You

September 24, 2013 11:00 AM
Behind The Mic With Joe Mathieu: How Gov’t. Shutdown Could Hurt You
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" BOSTON (CBS) – We hear a lot about the political fallout of a government shutdown and which party would carry the blame.

And while we still do not know what is going to happen in this latest budget standoff I can tell you there’s a lot more to this than optics.

A shutdown could hit you right in the wallet whether you work for the government or not.

And the longer it lasts, the greater the damage, according to the Congressional Budget Office.

A shutdown lasting several days wouldn’t leave much of a mark. But if a shutdown were to last a week or longer, all bets are off.

Remember, the shutdowns in 1995 lasted nearly four weeks combined "

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