This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

AFGE Warns Obama That Federal Employees Are Facing Dire Financial Circumstances Due To Shutdown

Employees forced to work without pay soon could run out of money to get to work

WASHINGTON, Oct. 12, 2013 /PRNewswire-USNewswire/ -- American Federation of Government Employees National President J. David Cox Sr. today sent a letter to President Obama, warning that federal employees are facing serious financial hardships as the government shutdown enters its third week.

About half a million federal employees remain locked out of their jobs due to the shutdown, while many more employees are required to report to work but aren't getting paid. As paychecks run out, they will face difficult decisions that could affect their continued employment, Cox said.

"Some tell us that by next week they will not have the money to afford the gasoline it will take to drive to work. Others tell us they will not be able to afford to leave their children in day care so they can come to work. Many will be forced to choose between feeding their families and paying for transportation to their jobs. Compounding the problem, some managers are threatening to fire or discipline employees who cannot come to work," Cox wrote.

Cox urged Obama to immediately advise managers to stop coercing and compelling employees to come to work without a paycheck when their children are sick, when they themselves are sick, or when they can no longer afford to pay for childcare, gasoline or public transportation fare to get to work.

Obama also should call upon the financial and business communities, utilities, oil companies and grocery stores, public transportation authorities and medical providers to allow employees to defer ordinary payments in light of the shutdown. In addition, Obama should consider declaring an emergency that would allow FEMA to make zero interest loans to any federal or D.C. worker who is not receiving his or her paycheck.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs