Posted on 10/21/2013 3:16:29 PM PDT by bgill
According to CNBC, some of the 400,000 government workers drew on unemployment benefits during the shutdown, and its likely that only some of them will have to give it back adding a few million to the price of the shutdown, already up in the billions due to lost worker productivity and revenue. The U.S. economy was damaged as well, and that cost may tally up near $24 billion between October and December, if economists are to be believed.
(Excerpt) Read more at wallstcheatsheet.com ...
Some states have laws against keeping the benefits. Others don’t.
You can’t use `government workers’ and `worker productivity’ in the same sentence.
The UAW people do it every time their factories close to re-tool. So we’re paying them over-and-over.
Federal guidance is to return the money, however, and there was a threat of prosecution at the federal level.
This is from 2013, so hopefully whatever loophole allowed this has been closed. We were briefed that we could draw unemployment, but would have to pay it back when the furlough was over.
Some of our junior people will need it for sure to get by until the paychecks restart.
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