Treasury Paid $6.2B in Fed Salaries During Shutdown--72% of Non-Shutdown Level

October 17, 2013 - 11:06 PM

U.S. Treasury Department

The U.S. Treasury Department (AP Photo/Carolyn Kaster)

(CNSNews.com) - 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.

The $6.246 billion in salaries the Treasury paid to federal employees from Oct. 1 to Oct. 16 of 2013—when the government was reportedly shut down—equaled 71.7 percent of the $8.707 billion in salaries the Treasury paid to federal employees from Oct. 1 to Oct. 16 of 2012, when the government was not shut down.

The $2.801 billion in insurance premiums the Treasury paid for federal employees from Oct. 1 to Oct. 16 of 2013—when the government was reportedly shut down—equaled 94.5 percent of the $2.962 billion in insurance premiums the Treasury paid for federal employees from Oct. 1 to Oct. 16 of 2012, when the government was not shut down.

“The Government offers its employees life and health insurance, as well as retirement and other benefits,” says the Treasury Department’s Financial Management Service, which publishes the Daily Treasury Statement.

The continuing resolution that Congress enacted on Wednesday evening to end the government shut down included language to ensure that federal employees who did not work during the shutdown--and thus were not paid--will retroactively get paid for the days they were not working.

The figures above are for salaries ($6.246 billion) and insurance premiums ($2.801 billion) that were actually paid by the Treasury from Oct. 1 to Oct. 16, 2013-- during the shutdown.