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Treasury Paid $6.2B in Fed Salaries, $2.8B in Insurance Premiums During Shutdown; 72% and 95% of Non-Shutdown Levels

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Terence P. Jeffrey
CNS News
October 18, 2013

During the first sixteen days of fiscal 2014, when many politicians and media outlets were saying the federal government was shut down or partially shut down–and when a sign on the front gate of the Treasury Building warned that the entrance was closed–the Treasury was nonetheless shoveling out $6.246 billion in salaries to federal employees and $2.801 billion in insurance premiums for which federal employees were the beneficiaries.

That equaled 72 percent of what the federal government paid in salaries in the first sixteen days of fiscal 2013, when the government was not shut down, and 95 percent of the insurance premiums.

From Oct. 1, 2012 to Oct. 16, 2012, the federal government was fully open for business. During that time, according to the Daily Treasury Statements, the Treasury paid $8.707 billion in salaries to federal employees and $2.962 billion in insurance premiums for federal employees.

From Oct. 1, 2013 to Oct. 16, 2013, the federal government was reportedly in a shutdown or partial shutdown. During that time, according to the Daily Treasury Statements, the Treasury paid $6.246 billion in salaries to federal employees and $2.801 billion in insurance premiums for federal employees.

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This article was posted: Friday, October 18, 2013 at 5:26 am





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