Does anyone know if the sun will rise tomorrow if the Gov. shuts down?
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Does anyone know if the sun will rise tomorrow if the Gov. shuts down?
Our active duty grandson isn't real thrilled about paycheck interruptions.
Yes BOB will return. BUT I AM curious about our quick Form4 responses times. :(
Ugh, I just submitted a Form 1 tonight!
The world is coming to an end!
'They' were saying that for Federal workers who get paid this week on the 1st, 2nd or on Friday, their paychecks will be/have been cut and they will get paid.
The next paycheck on the 15th or 16th of November is in Jeopardy(tm) unless some sort of agreement is made before then.
Talk to your bank(s) early if employed. Essentially all prior impactful shutdowns the banks themselves continued to front paychecks.
Because they know it's all political theator. At the end of the day, it becomes unplanned fully-paid time off work for hundreds of thousands of employees.
The gov backpays everything once its resolved, the banks don't lose money because they don't have cascading mortgage faults, overdrafts and chaos. In essense, the banks know it's a fully guaranteed paycheck loan by uncle sam.
There isn't a shutdown that is ever about saving money, it's merely political opportunity for a song and dance.
Both parties are the same when it comes to saving a nickel.
Now... if your bank hasn't sorted it out yet, pay attention to the news and switch banks if you need to, but they will quickly get on board, again.
By the time this was posted, it was already "tomorrow" on Wake Island.
Active Duty will continue to get paid by nearly every bank. Does he have USAA, Navy Fed, or another bank that caters specifically to the military community? If so, he'll be fine. In each of the 3 gov shutdowns since the turn of the century (including the longest ever - 34 days - in 2018), these banks have continued to pay their active duty members because they know they will get backpay from the government.
For federal civilian employees, the final paycheck will be 10 Oct to cover the pay period through 30 Sep. This sucks, but the good news is that it is codified in law (Government Employee Fair Treatment Act of 2019) for all furloughed civilian employees to be paid retroactively once an appropriation is approved.