What You Can Get For The Price Of A Shutdown

What You Can Get For The Price Of A Shutdown: The shutdown may be over, but the cost can't be erased.

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overt on October 17, 2013 at 9:48 am

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 cost the economy $24 billion.
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 net cost of to the government from the Troubled Assets Relief Program (TARP): $24 billion
• The Department of Agriculture’s proposed budget: $22.6 billion
• NASA’s approved budget: $16.6 billion
• All air transportation programs, including the Federal Aviation Administration, security, research, and other costs: $21.9 billion
• The Child Tax Credit: $22.1 billion
• The Temporary Assistance for Needy Families (TANF) program (formally known as welfare): $17.7 billion
• The cost of Head Start, the Children’s Health Insurance Program (CHIP), and Women Infants and Children (WIC) program combined: $25.2 billion