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Hassett Briefs Reporters as the Shutdown Ends: Costs, Back Pay and Missing Data, Nov. 13, 2025

November 13, 2025 · Roll Call Factbase Videos · 0:03:48

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

National Economic Council Director Kevin Hassett spoke to reporters outside the White House on November 13, 2025, the shutdown now over, in Roll Call Factbase Videos’ recording and its transcript. Hassett said the Council of Economic Advisers put the shutdown’s cost at one to one and a half percent of GDP with the multiplier effect once final growth was tallied — against the three to four percent fourth quarter the administration had been expecting at the quarter’s start, so roughly half — and said 60,000 Americans who were not government workers had lost their jobs because of the shutdown’s economic effects, as he stated it in the transcript. On affordability, he repeated the purchasing-power ledger: real purchasing power for a typical worker dropped $3,400 under President Biden and had gone up $1,200 so far, leaving Americans still about $2,000 short — work the administration would fix right away, as he stated it.

On the $2,000 tariff checks, Hassett said they would require legislation but that tariff revenue coming in was enough to cover the checks without going into the rest of the budget, and that the administration was actively studying the matter, as he stated it. On back pay, he said furloughed employees had been brought back early so checks could go out as soon as possible, probably early the following week. On the data blackout, he said the September jobs report was already compiled and might come the following week, the October payroll side could be calculated, but the household survey was never completed — so, as he stated it, the October unemployment rate would never be known.

Why it matters

The gaggle is the shutdown’s closing ledger from the NEC: the final cost estimate, the jobs spillover figure, the back-pay timeline, and the permanent hole in the October data — plus the affordability gap, $2,000 still short, stated as the administration’s own number.

Scoreboard watch

Scoreboard watch: the shutdown cost (1–1.5% of GDP; 60,000 non-government jobs) and the purchasing-power ledger (−$3,400 / +$1,200) as Hassett stated them on November 13, 2025 — flagged for the scoreboard editors; the entry itself remains review-gated.

Sources: Roll Call Factbase Videos, ‘Press Briefing: Kevin Hassett Speaks to Reporters Outside the White House — November 13, 2025,’ uploaded November 14, 2025 (video LEZX6TmfLf4); transcript via Supadata (private research store, paraphrased and attributed, never republished verbatim).

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