Among thegovernment's suggestions to help make ends meet: offering mortgagelenders partial payments and even payments in kind—i.e., plumbingand carpentry work. (Photo: Shutterstock)
While some branches of the federal government are fully fundedduring the shutdown battle, others are not—and with some 420,000 government workers still on the job but withoutpay (including the U.S. Coast Guard, which falls under theDepartment of Homeland Security and not the Department of Defense),and another 380,000 furloughed, according to a CNN report, the situation isn't pretty for avery large number of people.
Despite the claim of Rep. Scott Perry, R-PA, that federalemployees would do just fine until more money comes in, somegovernment workers are among the nearly 80 percent of Americanworkers live paycheck to paycheck. And that means an awfullot of those federal workers are going to be in a very tight spotas soon as that next paycheck doesn't come in.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
