
We’re financial services agency, we do not use tax dollars, so the shutdown does not impact us. |
Yes. The military is essential. And nope. As thing stand, they will not get paid. Usually it’s not an issue, because military appropriations pass first and fast. They are done come shutdown time. Not this time. Kevin McCarhy tried to being the military appropriations bill to the floor and the Freedom Caucus is even blocking that. (While saying they support the military, but that voting for a bill they insist they support sets a bad precedent. See also Tuberville blocking military promotions union the Senate). So, as of now, the military isn’t funded either. Republicans lost bigly in the last 2 elections and have decided to burn it all down. I was a Fed for the 2013 shutdown. It also started with the military unfunded and not getting paid. The public backlash was enough that a stand-alone military bill passed about a week into the shutdown. This time? You aren’t dealing with rational actors. Kevin McCarthy started with 4 votes to spare. He’s had a resignation and has 1-2 members out with serious medical issues. And a couple out with newborns. And got rid of the ability to vote remotely. So at this point he has to get every single Republican on board to bring the military appropriations bill to the floor. Dems would vote to fund the military, BTW as long as there wasn’t a poison pill like an abortion ban attached. But Kevin can’t bring it to a vote under House informal rules and customs unless he can pass it without Dem votes. Which he can’t. Eventually, he’ll have to do what he did with the debt ceiling and break the unwritten must be able to pass with R votes rule and use Dem votes. And if he did this tomorrow, Dems would give him a clean CR with the disaster funding everyone agrees to. But if he’ll wait until the tipping point of a shutdown. And Dems will extract painful concessions for their votes. As they should. Shutdowns have consequences. Gotta love the Moron Caucus of the Republican Party. |
I know, right? I think we are getting closer and closer to the point where the GOP won't want to pay federal workers for the time the government was shut down. Super way to motivate the workforce. |
Anyone know what happens to payments like social security, foods stamps, and disability when the government shuts down? What about Medicaid and Medicare? |
What happens to FEHB and FEGLI if we miss a paycheck? To they wait until we get paid, or do we have to go out of pocket for our share of premiums? |
Payments continue. Those aren’t discretionary. But I work in this area and processing benefits in the pipeline and helping people whose benefits are missing or otherwise messed up stops. Your new disability or retirement application is frozen. BTW, this creates a backlog. A month shutdown means a month added to any backlog, which means in the near future benefits processing and customer service is delayed a month. |
Your premiums will get paid later when the lapse ends and you get your back pay, you don’t go out of pocket and your coverage continues. |
And if the shutdown lasts a long time, that back pay check is big and taxed at a higher rate! |
What? Marginal tax rates are based on AGI, and withholding is based on annual comp, not what you make in each check. If that were true, companies could lower taxes for their employees by going to biweekly pay. |
I can’t understand why Ds and labor leaders aren’t using the term “lockout” to describe this. |
I swear in 2013 I had more taxes taken out of my check. |
FYI: if you are living paycheck to paycheck, you can get a Thrift loan to cover living expenses if we have a protracted shutdown. You might shrug now, but things look differently once you miss a paycheck with no clear end in sight. My agency was funded in 2019. But, in 2013, I know that there was a run on Thrift loans, and a substantial delay in getting them. Not sure if it was because of the shutdown or because of the volume.
But, if you are under financial stress (or, like me, making two college tuition payments, partly out of income, in December) be aware that Thrift loans are an option. But, you can’t wait until everyone is about to miss a mortgage payment to make it happen. |
I did too, our payroll provider doesn’t look at the annual rate but computes based on the paycheck. In 2019 we missed 35 days and got 3 paychecks in a lump sum so my marginal tax rate went from 24 to 32 percent. |
Oh yes, my withholding that year was soooo screwed up. They tried to “fix” it and I ended up writing a huge check to the IRS at the end of the year. Hot mess. I hate shutdowns. |
Yes, they may withhold more money because they assume that higher amounts may have you in a higher marginal tax bracket and so they withhold more to ensure that you don't have a bigger tax burden come tax day. But the actual taxes will not change. It's not taxed at a higher rate (unless it does cross a tax bracket boundary). There is more withheld. If the over-withhold for you, you'll have a tax return when you calculate your taxes. |