Yes, many federal workers will be hurt
Also: Economic Impact - businesses, state & local govt's, contractors
No new grants or contracts:
-Transportation - Infrastructure Week!
-USDA (farmers!)
-Commerce, Housing, EPA, NASA, more
latimes.com/politics/la-na…
2/
Congressional Research Service
(Congress telling itself the effects)
-Measurable effect on national GDP
-grants, programs + services - costs of delay
-state and local governments depend on federal funding (can’t help their own citizens)
fas.org/sgp/crs/misc/R…
3/
"No funds shall be drawn from the Treasury but in consequence of Appropriations made by Law"
Approps should have been passed last September!
Federal agenices can't issue new grants or contracts (RFPs NOFAs, etc)
#ResignTrump
#TrumpChristmasShutdown
4/
Damage to National Economy - not just federal workers
2013 -- 0.25% of GDP for the entire Quarter from 16 day shutdown
any % of $19 trillion economy adds up fast
WH Council of Economic Advisors:
obamawhitehouse.archives.gov/blog/2013/11/0…
#ResignTrump #TrumpChristmasShutdown
5/
GAO - 2013 shutdown impact on 3 agencies:
- 1,000s of contractors fired
- no new grants
- incl applications already submitted - all review must stop
- time delays have costs on the public
- Chaos continues after - months to dig back out
gao.gov/products/GAO-1…
6/
"Feds will get back pay anyway"
3.7 Million Contractors
2 types:
-Direct employees (ex almost all IT staff) usually no back pay
-Businesses w/ fed contracts
-no renewals, new contracts - if can't make payroll in the meantime = layoffs
volckeralliance.org/publications/t…
7/
Shutdown Myth: only affects 'Inside the Beltway'
Only 1 in 6 federal employees are in the DC metro area
many small towns w/ high percentages
Ripple Effect: Govt workers not spending money hurts local businesses
citylab.com/life/2013/11/a…