Federal workers still have to prepare for a potential shutdown weeks in advance in addition to (or instead of) their regular duties. Waiting for a budget also has another price: the erosion of the public's trust in government.
Missing two paychecks led many of them to take on debt to pay bills. Odds are they'll be paying it off for a while.
The White House has estimated that the partial government shutdown will reduce economic growth in the U.S. by 0.13 percentage points for every week the government remains closed. Speaking on CNBC yesterday, Larry Kudlow, director of the National Economic Council, said those effects would be temporary. “We will get it all back,” he said, once […]
The hundreds of thousands of federal workers who are not getting paid because of the partial government shutdown got a little advice from the government’s Office of Personnel Management today. Tips include how to talk to credit card companies, mortgage lenders and landlords about not being able to pay their bills. The OPM put out […]
The decision could mean a lot less money for unions that represent state and local workers.
The federal hiring freeze may be ending, but there's a big stipulation attached.