Government Shutdown Creates Greater Insecurity in a Weak Economy

Now that the U.S. federal government has been shut down, what does that mean for the economy? It depends on a lot, namely how long it lasts. But it is already rattling markets and is estimated to have negative economic impacts, according to news reports. Members of both political parties have stated that the shutdown is not good for the economy. The White House has stated that a one-week shutdown (which some experts view as likely) would cost the economy $10 billion.

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A Prolonged Government Shutdown Would Impact Contractors

A government shutdown, particularly if it is prolonged, will affect more than just federal workers and their families. The large number of people employed by federal contractors and subcontractors could be at risk of furloughs, delays in pay, and adverse impacts to the companies they work for.

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What a Government Shutdown Could Look Like

It could be said that in this last week of the government’s fiscal year, the unstoppable force of House Republicans is meeting the immovable object of Senate Democrats. Although it may not be quite a fait accompli yet, the likelihood of a government shutdown seems be getting higher each day with no annual spending bills yet passed by Congress and enacted. If a shutdown does occur on Oct. 1 (or at some later point due to a mini-interim spending bill postponing it), what would it look like and how would it affect Americans?

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Leading Senator Calls for End of Fiscal Brinksmanship

On Sept. 17, Sen. Patty Murray (D-WA), chair of the Senate Budget Committee, spoke on the floor of the Senate and said congressional Republicans need to come to the negotiating table and end the looming fiscal standoffs that are less than two weeks away.

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Watchdog’s Recommendation Boosts DATA Act

Congress's watchdog office recommended that Congress pass legislation to advance federal spending transparency efforts across the government in a report released late last week. This is a major boon to advocates of the Digital Accountability and Transparency Act (DATA Act) of 2013 – legislation being considered by the House and the Senate.

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Penny Wise, Pound Foolish: Cuts to Auditors Cost Us More in Savings

Cuts due to sequestration at the Defense Contract Audit Agency (DCAA) led to higher contract costs that are larger than the cuts, according to DCAA estimates provided to the Center for Effective Government.

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Whistleblower Reveals U.S. Spy Agencies' Secret Budget

Details on the secret U.S. spy budget spilled into the public realm yesterday after The Washington Post published selective pages from the 16-agency intelligence community’s fiscal year 2012 congressional budget justification, leaked by former Booz Allen Hamilton employee Edward Snowden.

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Why Targeting Defense Department Civilians Is a Problem

Many activists and analysts searching for reduced spending at the Pentagon commonly point to the post-9/11 growth of the department’s federal civilian workforce as a place to find significant savings. No doubt some savings could be found here, especially now that the war in Iraq is over and the one in Afghanistan draws to a close. But on closer examination, the savings from slashing the civilian workforce may not be as high as one might think. In some places, the department may want to further expand the ranks of its civilians to actually save more money.

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A Misleading Report Obscures Sequestration's Impact on Regulators' Budgets

Last month, university-based researchers Susan Dudley and Melinda Warren released a highly misleading report claiming sequestration has not had much impact on the overall budgets of federal regulatory agencies.

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Almost 4,400 Workers Died From Job-Related Injuries in 2012

An estimated 4,383 employees died from injuries sustained while working, according to new preliminary data released by the Bureau of Labor Statistics today. This is a reduction from last year’s tally of 4,693. It is also a decrease in in the fatal work injury rate from 3.5 per 100,000 full time workers in 2011 to 3.2 per 100,000 in 2012. The numbers are often revised upwards, and revisions will be released in spring 2014.

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