Committee Approves Plan To Protect Feds’ Credit During A Shutdown - September 23, 2019
Jessie Bur, FederalTimes
The House Financial Services Committee voted Sept. 20 to report legislation favorably to the House floor that would prevent federal employee credit scores from being impacted by financial difficulties resulting from a government shutdown.
“The shutdown directly affected nearly 3 percent of the entire U.S. labor force. The Congressional Budget Office estimated that the shutdown cost the American economy $11 billion and delayed approximately $18 billion in discretionary spending for compensation and purchases of goods and services,” said Rep. Maxine Waters, D-Calif., the author of the bill.