Trump's shutdown (yes, it is his shutdown) could seriously damage the economy.

#DishonestDonnie loves to talk about the U.S. economy and how wonderful he's made it.  Like most of what comes out of his mouth, that claim is a lie at worst and misleading at best.  The longer this Trump shutdown goes on, the risk of doing serious damage to that economy grows exponentially.  Why?  Because these won't be issued:

In reality, most federal income tax refunds are not paper checks but are directly deposited into bank accounts.  As WaPo points out, last year the IRS issued $147.6 billion in refunds between late January and March 2nd of last year.

The IRS does not issue refunds, or perform audits while in shutdown mode.  Add to that the complications created by the changes to the tax laws instituted by the Tax Cuts and Jobs Act, and this is a quagmire in the making.

To be fair, refunds that involve refundable credits (the Additional Child Tax Credit, the Earned Income Tax Credit and the American Opportunity Tax Credit) may be delayed and not issued before February 15th.  If they can resolve this shutdown in short order, refunds might not be delayed at all.

But the negative impact of over $140 billion that normally flows into the economy in a six to seven week period should not underestimated.  The harm this will do to the tens of thousands of households that rely on this injection of a significant tax refund into their coffers will be serious.

As long as #DishonestDonnie insists on "Wall or Nothing" we are in danger of doing serious economic damage to our nation.