Business leaders to Congress: End the shutdown
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 31 October 2025
⏱️ 8 minutes
🧾️ Download transcript
Summary
The government shutdown has now lasted a full month. Now, some business leaders — including the U.S. Chamber of Commerce, the Business Roundtable, the American Bankers Association, and more — have issued a statement urging Congress to reopen the government. They cite estimates that the shutdown will cause $10 billion to $15 billion per week in lost output and economic activity. Plus, how much would you spend to find a job?
Transcript
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| 0:00.0 | At Pluralsight, we don't just teach skills. |
| 0:02.8 | We are building the tech workforce, who deliver results fast, accelerated by top-tier content. |
| 0:08.6 | Lead with confidence, lead with expertise. |
| 0:11.1 | Visit us at Pluralsight.com to tap in and learn more. |
| 0:16.5 | Businesses band together to call for the government to reopen. |
| 0:20.7 | I'm David Brancaccio in Los Angeles. |
| 0:22.6 | The government shutdown has now lasted just coming up on a full month. |
| 0:27.0 | A key issue is keeping Affordable Care Act premiums from skyrocketing. |
| 0:31.3 | But now some business leaders have issued a statement urging Congress to reopen the government now. |
| 0:36.7 | Marketplaceplaces Nancy Marshall |
| 0:37.8 | Genser joins us with details. Well, the statement is from some of the biggest names in the business |
| 0:43.8 | world, David, the U.S. Chamber of Commerce, Business Roundtable, also trade groups like the National |
| 0:49.6 | Association of Manufacturers, American Bankers Association, Airlines for America. And they cite estimates that the shutdown is causing $10 to $15 billion per week in lost output and economic activity. And they also say the funding lapse is increasing the permitting backlog for some major infrastructure projects. |
| 1:15.8 | And I see home builders are also affected by the shutdown, and the National Association of Home Builders signed that Get It Open Now statement you're talking about. |
| 1:20.4 | They did, and they issued their own release. |
| 1:23.0 | They point out the National Flood Insurance Program can't provide new flood insurance contracts during the shutdown. |
| 1:29.4 | That can delay new home sales. |
| 1:32.0 | Plus, the Agriculture Department can't issue new rural housing loans, grants, or loan guarantees. |
| 1:38.4 | President Trump is suggesting a tactic in a social media post last night. |
| 1:42.6 | He called on Senate Republicans to get rid of the |
| 1:45.1 | filibuster. How'd that work? Well, under the filibuster rule, you need 60 votes to pass most |
| 1:51.2 | legislation in the Senate. The Republicans don't have that many votes themselves, so they need help |
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