Impact of the Government Shutdown
Here is an article from MoneyWatch about services that would be impacted if there is a government shutdown. Will this impact your business?
- A large portion (maybe half) of the 1.9M non-essential civilian government workers will be furloughed
- Some furloughed employees may become eligible for unemployment–you need to contact your state and the Labor Department’s “Unemployment Compensation for Federal Employees”
- Soldiers, security personnel and intelligence workers considered ESSENTIAL, though due to quirks in pay periods, there could be an interruption in pay
- President, Congress and Presidential appointees get paid
- IRS processes returns, delays refunds and suspends audits
- Social Security checks go out as usual
- USPS: Open and operating as usual
- Museums/Zoos/Gardens/National Parks: Closed (lions & tigers fed!)
- The Fed/FDIC/Fannie Mae & Freddie Mac: Operate normally, because they don’t rely on Congressional funds
- NIH’s disease hotlines and CDC surveillance will likely shut down; no new participants to clinical trial.