Roy Meyers, Political Science, on PolitiFact

In an October 1st tweet, U.S. Rep. Debbie Wasserman Schultz suggested the current federal government shutdown will result in “$10 billion in costs to the economy per week.” Is that accurate? PolitiFact consulted with UMBC political science professor Roy T. Meyers to find out. The $10 billion figure Wasserman Schultz quotes is from the White House, which itself acquired the estimate from an August report from Goldman Sachs. To check this figure, PolitiFact went back to Meyers’ analysis of the 1995-96 government shutdown, which was estimated to cost $1.4 billion (mainly in back pay to furloughed workers). However, Meyers shares, …