What can we expect during a government shutdown? | PolitiFact

What can we expect during a government shutdown? | PolitiFact

Mark Zandi, chief economist for Moody’s Analytics, said the 2013 shutdown stunted fourth quarter GDP growth by 0.5 points, resulting in a $20 billion hit. Standard & Poor’s said the shutdown took $24 billion out of the economy and reduced yearly fourth quarter GDP growth by 0.6 percent. Macroeconomic Advisers estimated the shutdown cut 0.3 points off of fourth-quarter growth

All told, when Sen. Rand Paul, R-Ky., said that “it cost us more to shut the government down than to keep it open,” we rated it True.

via What can we expect during a government shutdown? | PolitiFact