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Detailed text transcripts for TV channel - CNN - 20190129:20:52:00

Never be recovered. here is what he said about the permanent losses. we are looking at the effect over in the context o. entire economy if you look at the impact on federal workers it is much higher. if you look at the impact on private contractors it is higher. some of that will be permanent for those contractors. we don t see it entirely recovering. we think we ll see recovery over the next three quarters but we ll still be short about $3 billion. you won t make up for that government output. here is what larry kudlow had to say. they are doing the best job they can. i get that. no. i don t i won t knowledge any of of that right now. you know, in a 20 trillion ....

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Detailed text transcripts for TV channel - CNN - 20190123:14:19:00

For his border wall. this as the shutdown is taking a greater toll on the economy. with us now, the chairman of the white house council of economic advisers kevin hassett. good morning, kevin. good morning. what is this shutdown going to cost our economy? well, of course it looks like folks will miss a check and there s a lot of enormous focused personal cost. it s something over at the white house everybody isn t being paid. the people on my staff aren t being paid and so i think a lot of the cost that we re feeling is going to be on the individual level. on the macroeconomic level, it will be about a tenth of a percent of gdp each week so when the government opens that will come back so you lose half a percent the first quarter and gain a half percent back in the second quarter. but you lose the government ....

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