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Kevin Hassett Urges Democrats to Show Leadership to End Shutdown and Avoid Federal Layoffs

Forbes Breaking NewsOctober 7, 20252 min26,680 views
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Call for Democratic Leadership

  • 🎯 Kevin Hassett, President Trump's top economic adviser, is urging Democrats to show leadership and agree to a clean continuing resolution to end the government shutdown.
  • 💡 The goal is to secure seven more weeks for discussions on agency cuts and potential federal worker layoffs.

The Role of Senators

  • 🏛️ Hassett invoked Federalist Papers 63, suggesting senators should act as a voice of reason and moderation, a role he believes is currently lacking.
  • ⚠️ He expressed concern that the Democratic party has moved too far to the left, deviating from its historical stance.

Avoiding Federal Layoffs and Economic Harm

  • 📉 Hassett highlighted that everyone in the White House wants to avoid layoffs and the economic consequences of a shutdown.
  • 💰 A shutdown could harm GDP by $15 billion per week and prevent federal workers from making essential payments like rent.
  • 🤝 He expressed hope that Democrats will be reasonable upon returning to Washington, which would eliminate the need for layoffs.
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What’s Discussed

Government ShutdownFederal LayoffsContinuing ResolutionKevin HassettDemocratsRepublicansUS SenateFederalist PapersEconomic AdvisorGDPAgency Cuts
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