EL PASO, Texas (KFOX14/CBS4) — The ongoing government shutdown is poised to have significant economic repercussions both nationally and locally, according to Tom Fullerton, a professor of economics at the University of Texas at El Paso.
Fullerton explained that federal programs, which are crucial to regional economies, are disrupted during shutdowns, leading to economic consequences.
“Anytime any portion of the federal programs gets closed for a certain amount of time, it ends up having economic consequences,” Fullerton said…