Government Shutdown
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For furloughed feds who have lost track of time, today is Friday. That's official. And Monday is Columbus Day, one of the the first government holidays to hit during a shutdown, says Senior Correspondent Mike Causey. So what happens to people who don't work, and what about those who must work? Do people get paid? And if so, how much and when?
October 11, 2013 -
House Republicans are offering to pass legislation to avert a default and end the 11-day partial government shutdown as part of a framework that would include cuts in benefit programs, officials said Friday. Republicans also seek changes in the three-year-old health care law known as Obamacare as part of an end to an impasse that has roiled financial markets and idled 350,000 federal workers. President Barack Obama has insisted he will not negotiate with Republicans over federal spending - or anything else - until the government is reopened and the $16.7 debt limit raised to avert the possibility of default.
October 10, 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
October 10, 2013 -
House Speaker John Boehner says Republicans would vote to extend the government's ability to borrow money for six weeks, but the partial government shutdown would continue.
October 10, 2013 -
Government contractors have not been immune from the effects of the shutdown. From a flurry of stop-work orders to a heightened — some say "cutthroat" — sense of competition in contracts that have, so far, been unaffected by the shutdown. Top experts from the procurement realm address some of the effects and challenges of the shutdown.
October 10, 2013 -
The Nuclear Regulatory Commission closed Thursday on day 10 of the government shutdown. The agency stayed open until exhausting its carryover funds.
October 10, 2013 -
Most workers in the Veterans Benefits Administration will be sidelined in the next few weeks if a shutdown continues. Funding for employees at the National Cemetery Administration will run out in the next few days.
October 10, 2013 -
Monday is supposed to be a federal holiday, but how do you shut down the government when it's already shutdown? Do you open it briefly, then bar the doors? Suppose Columbus' trip to America had been run by modern day politicians. Things might be very different, says Senior Correspondent Mike Causey.
October 10, 2013 -
A government shutdown is having far-reaching consequences for some, but minimal impact on others. Mail is being delivered. Social Security and Medicare benefits continue to flow. But vacationers are being turned away from national parks and Smithsonian museums, and that's having a ripple effect on those businesses and communities that rely on tourism.
October 09, 2013 -
Certified financial planner Arthur Stein will provide tips on how to protect your retirement nest egg, and Federal Times Senior Writer Sean Reilly will give us the latest on the government shutdown. October 9, 2013
October 09, 2013 -
The House voted unanimously late Tuesday to pass the Federal Worker Pay Fairness Act. The bill, introduced by Rep. Hal Rogers (R-Ky.) Tuesday afternoon, ensures "essential" federal employees, who are working through the shutdown, are paid on time even if the government remains closed.
October 08, 2013 -
For furloughed employees, paychecks might be delayed, but bills are still due. Ed Zurndorfer offers advice for how to not fall behind on your payments.
October 08, 2013 -
Does the following set of statements best describe your marriage or your job: I love you. I hate you. Go away. Come back. If you work for Uncle Sam, the answer may be both, Senior Correspondent Mike Causey says.
October 08, 2013 -
Monica Mayk Parham, marketing director for Market Communications and Joyce Bosc, president and owner of Boscobel Marketing Communications, will discuss how budget constraints and travel restrictions are affecting attendence at government events. October 7, 2013
October 07, 2013 -
Congress' failure to agree on a short-term funding measure last week immediately threw agencies into shutdown mode, shutting offices and sending hundreds of thousands of federal employees home without pay. But as the shutdown stretches into its second week with no end in sight, a round of second-order effects is beginning to ripple throughout government.
October 07, 2013