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Search Tags: furloughs
The 16-day government shutdown forced federal employees to miss millions of days of work, agencies to forego millions of dollars in revenue and programs to grind to a halt. In a new report, the Office of Management and Budget estimates that federal workers missed 6.6 million days of work and the shutdown cost more than $2.5 billion in pay and benefits for employees, most of whom didn't work.
"I certainly hope what happened to you never happens again," says former DHS CHCO Jeff Neal in an open letter to feds. "If it does, maybe we would be better off if we really shut down the whole government when the money runs out. Open the borders, ground the airplanes. Bring the troops home. Let our fellow citizens see what would really happen if you were not on the job every day."
The bill passed by Congress reopening the federal government after a two-week shutdown grants retroactive pay for furloughed federal workers and clears the way for all federal employees to receive a 1 percent pay raise in January. The continuing resolution, which funds government operations through Jan. 15, also grants agencies some spending flexibilities to avoid sequestration-related furloughs over the next few months.
The Senate and House both voted Wednesday night, passing a bill that reopens the government and funds agencies through Jan. 15, permits the Treasury to borrow normally through Feb. 7, and provides back pay for federal employees furloughed during the 16-day government shutdown. The bill now heads to President Barack Obama for his signature, which he has said he will sign immediately.
Federal courts are using money from filing fees and long-term appropriations to stay open during the shutdown, but that money is about to run out. Jim Silkenat, American Bar Association president, says Congress needs to pass a budget that addresses the costs of the shutdown and sequestration.
While furloughed federal employees can hang onto the hope Congress will authorize backpay once the shutdown ends, government contractors will likely face the reality of lost wages and revenue.
Tammy Flanagan, Karen Schaeffer, and Bob Leins discuss what furloughed federal workers should be doing to protect their financial assets.
October 14, 2013
Evan Lesser, founder and director of Clearance Jobs.com, will discuss the impact of the government shutdown on contractors and employees with security clearances.
October 11, 2013
On this week's Capital Impact show, Bloomberg Government analysts discuss how the debt limit and furloughs are affecting the economy, and how a case being reviewed by the Supreme Court, could impact future elections.
October 10, 2013
Tags: acquisition , Treasury Department , debt ceiling , debt limit , government shutdown , Supreme Court , Federal Election Commission , PACS , Allen Scott , Nela Richardson , Peter Brusoe , Capital Impact , Bloomberg Government