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Government Shut Down Could Result in a $2 Billion Dollar Loss for NY

Governor Cuomo is saying the federal government shutdown could mean a $2 billion loss to the State of New York.
 
That's according to data from past recessions.  Economists are saying a default could trigger a national, if not global recession, and the impact would setback much of the progress New York State has made the last three years.

This includes a negative impact on state revenues and job losses throughout all sectors.

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