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.
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
Tammy Flanagan, Karen Schaeffer, and Bob Leins discuss what furloughed federal workers should be doing to protect their financial assets. October 14, 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
The Defense Department says it’s decided it has the legal authority to bring most of its civilian workforce back from furlough even as a government shutdown persists. But the Pentagon warned that unless the shutdown ends soon, many of those employees will have nothing to do.
The Defense Department is ordering most of its approximately 400,000 furloughed civilian employees back to work.
Think you’ve seen the worst effects of the government shutdown? Think again, says former DHS CHCO Jeff Neal. As time goes by, more people will be impacted.
A government shutdown could furlough 800,000 federal employees. The shutdown could hit as early as Tuesday if a bitterly divided Congress fails to approve a temporary spending bill to keep the government running.