Connolly: Northern Virginia Economy Would Be ‘Significantly Affected’ by Shutdown
Reston, VA,
April 24, 2017
by Dave Emke — April 24, 2017
As the federal government inches closer to a possible shutdown at the end of the week, Rep. Gerry Connolly (D-Va.) says the local economy would be severely affected if no agreement is found. “As we witnessed during the 2013 Republican government shutdown, Northern Virginia’s economy would be significantly affected. That 16-day shutdown cost nearly $24 billion in lost economic output,” Connolly said in a prepared statement Monday. “It is a reckless way to govern that hurts all Americans and must be avoided.” The 2013 shutdown is estimated to have cost more than $217 million per day in federal and contractor wages in D.C. metropolitan area. In addition to a large number of federal employees, Reston is home to many government contractors including Leidos, which said in a statement to investors earlier this year that a shutdown could “result in our incurrence of substantial labor or other costs without reimbursement under customer contracts, or the delay or cancellation of key programs, which could have a negative effect on our cash flows and adversely affect our future results.” Connolly put the blame for a potential government shutdown squarely on the shoulders of House Speaker Paul Ryan (R-Wisc.): “If Speaker Ryan wants to resort to hostage-taking over a border wall, then Republicans will own this shutdown,” the congressman said. “If he is willing to work with Democrats and pass a clean funding measure, however, then I am confident we can keep government open and working for our constituents.” |