Chamber: Shutdown Has Cost Federal Contractors $12B

The U.S. Chamber of Commerce is urging Democrats to reopen the federal government after releasing a report showing that more than 65,000 small-business federal contractors lost $12 billion in October alone due to the ongoing shutdown.

The Chamber sent the report and a letter to Congress on Thursday, outlining that 65,500 small businesses across all 50 states provided more than $155 billion worth of goods and services to the federal government in 2024.

Now, they’re losing about $3 billion a week.

Read more at Newsmax© 2025 Newsmax. All rights reserved.