Editor's PiCK

U.S. Congressional Budget Office "750,000 furloughed per day during shutdown… $400 million daily payroll loss"

Source
JH Kim

Summary

  • The U.S. Congressional Budget Office (CBO) projected that in the event of a shutdown, an average of about 750,000 federal government employees could be placed on furlough each day.
  • The CBO analyzed that a shutdown would cause the federal government to incur about $400 million in payroll losses each day.
  • The CBO added that furlough numbers vary by agency, and some departments may have the possibility of adjusting personnel.

According to economic breaking-news channel Walter Bloomberg on the 30th (local time), the U.S. Congressional Budget Office (CBO) projected that if a government shutdown (temporary work stoppage) occurs due to a funding gap for the 2026 fiscal year, an average of about 750,000 federal government employees could be placed on furlough each day.

The CBO analyzed that as a result the federal government would be unable to pay about $400 million in payroll costs each day.

However, the CBO added that the number of furloughed employees could vary by agency, and some departments may adjust staffing over time.

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JH Kim

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