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Saturday, October 1, 2022

U.S. Government Shutdowns Cost Taxpayers About $4 Billion, Lawmakers Find

The last three government shutdowns cost American taxpayers around $4 billion, according to a bipartisan investigation released on Tuesday.

Released by Sens. Rob Portman, an Ohio Republican, and Tom Carper, a Delaware Democrat, the report took a look at the costs of the federal government being fully or partially shut for 52 days over the past five years. Read the report.

Lawmakers said of the nearly $4 billion cost, at least $3.7 billion was for back pay for federal workers who were furloughed, while another $338 million was for other costs including extra administrative work and late fees on interest payments. The report also estimated 56,938 years of lost productivity for furloughed employees.

Read more at MarketWatch

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The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

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