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Federal Drive Show Blog - October 8, 2013
Tuesday - 10/8/2013, 11:14am EDT
As the shutdown drags on, furloughed employees are growing frustrated. At the Agriculture Department, 15,000 employees are at home. Louis Iacoletti is one of them. He is an IT manager at the Farm Services Agency and president of the Organization of Professional Employees of the Department of Agriculture, or OPEDA. He says the group is reaching out to furloughed colleagues.
Director of Global Public Sector Practice
Ultimately, everything the government can do, or cannot do, is a matter of money. The lapse in appropriations, the furloughs, the suspension of programs, the warnings to contractors. It may not be the easiest time to be a financial manager in the federal government. For some perspective and advice, Tom and Emily turned to Thad Juszczak, director of Grant Thornton's global public sector practice and former federal budget officer.
The Hill Newspaper
It's day eight of the government shutdown, and still no end in sight. Meanwhile, the Treasury and investors are growing nervous about an impending deadline. If Congress doesn't raise the borrowing cap, the United States may default on its debts as early as next week. In the latest tactic, Senate Democrats may introduce a stand-alone measure to raise the debt ceiling. Pete Kasperowicz has been tracking all of this for The Hill newspaper.
Registered Employee Benefit Consultant
If you're a civilian federal employee, whether you're working or not, your next paycheck is in doubt. While Congress could vote to give you back pay whenever the shutdown ends, your bills are due on time. Financial planner Ed Zurndorfer says unemployment compensation is a good option, but know some things first. Read more.