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Can you get a TSP loan if you’re furloughed? I looked at the website yesterday and it seems like you can’t. |
The CR gives trump unlimited power essentially. |
Dems aren’t “not paying military”. |
Most feds are two income families with children -- getting a part time job (let alone two) is wildly unrealistic until you are doing Uber Eats at the dead of night (ie trading wear & tear and fuel for below minimum wage income) or working on the weekends at some retail job, which is not going to move the needle here in any meaningful way. |
I thought so but maybe I’m wrong on that. USAA is offering some interest free loans for furloughed feds. |
If someone is truly paycheck to paycheck I don't see why they would not have looked into one of the several banks/credit unions that offer interest free shutdown loans. Here is one example from USAA: https://www.usaa.com/support/government-shutdown-program/?akredirect=true |
My husband and I both work in different fields related to administration priorities that are admittedly not as high as DHS or DOD, but there were hiring freeze exemptions and no RIFs in either of our offices. We are both of course excepted currently but not going to get paid on time. Personally, we are OK but I think there's some single income families in each of our offices struggling. |
Take this with a grain of salt because it's third hand, but people working with our IC agency leadership are saying through November. I think this is likely. Personally, I think they are going to pass the NDAA separately. |
I don't see how agency leadership would have any visibility into this. It's a political question that hinges on how the polling looks as far as who ends up caving so I don't think anyone can know what that will look like. |
If I were in that situation I would be afraid of taking on the debt given how cute the administration is being about back pay. They need to knock it off. Service members can get these loans from USAA, and I don’t think anyone expects them to not get paid back—civilians might be more uncertain. |
And the fact that they haven't done so tells you something, doesn't it? Thune is on the record explicitly ruling out the nuclear option because they know that somewhere down the road, it will come back to bite them. |
The TSP website says you CAN get a loan. "The lapse in appropriations does not prevent you from requesting a new TSP loan." |
Republicans can end this any time. They’re not even coming to the table. |
Because the GOP doesn't not want the government to reopen, I would say this may last throughout November. Traffic isn't getting any better even, because many feds are being made to work without paying right now. |
“Requesting” being the operative word. It also says you have to be in pay status. |