As Shutdown Looms, Painful Ripples Foreseen Across State [The Hartford Courant]
| By Daniela Altimari, The Hartford Courant | |
| McClatchy-Tribune Information Services |
But a lengthy shutdown, coupled with a looming showdown over the federal debt, could have a devastating impact on the state's economy, said
"These protracted debates and squabbles over the budget and debt limits and fiscal cliffs and the like [have] raised the level of political uncertainty and that has ... real economic consequences," Lanza said. He spoke during a Monday morning press conference hosted by U.S. Sen.
Roughly 9,000 federal workers in
"We have tens of thousands of jobs that rely on defense contracts, and that work will not end, but it will slow down," U.S. Sen.
Murphy spoke to reporters from
Democrats say conservative Republicans are using the threat of a shutdown to derail the health care law, which they were unable to do through the legislative process.
But
"Clearly the Democrats are incapable of compromising and refuse to debate tough issues, such as congressional health insurance privileges," he said. "The
Democrats say efforts to tinker with one of Obama's signature legislative achievements is a non-starter.
"They seem so rabid in the
During the press conference at Habco, Blumenthal and Lanza spoke of the enormous disruption even a brief shutdown could set off.
"The mildest case of just a couple of days, even that would be enough to trim 2/10th of a point off of annualized GDP in the fourth quarter," Lanza said. "The consequences for
A prolonged shutdown could cost 2,000 jobs statewide, Lanza said, adding that the figure includes both layoffs and jobs not created and filled.
At Habco, which employs 41 people, even the possibility of a government shutdown was enough to keep President
For the average American who does not work for a federal agency or government contractor, the impact of a shutdown likely would be muted at first.
Many federal operations, including mail delivery and
Most local
"We'll be OK for a little while, I just don't know how long," said
___
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