• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026
government shutdown

Federal Employees Watching the Pennies as Shutdown Enters Day Seven

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
December 28, 2018, 5:11 AM ET
Add Fortune on Google for similar content.

Some federal workers will begin to feel the pain of the partial U.S. government shutdown on Friday as the closure enters its seventh day.

The first paychecks are going out with reduced funds for employees who were assigned to work on the first day of the shutdown, Saturday, Dec. 22, without pay or who began their furlough that day. If President Donald Trump’s standoff with Democrats over a wall at the U.S.-Mexico border continues, all workers in the nine departments and dozens of agencies affected by the closure will miss their next paycheck on Jan. 11.

“I’ve had members come to me saying they are returning holiday and Christmas presents they bought because they are worried about paying rent,” National Treasury Employees Union President Tony Reardon said in an interview Thursday. “Congress should be doing everything in its power to get the government up and running again.”

Congress punted resolution of the standoff most likely into 2019 when both chambers met just long enough Thursday to set their next meetings for Monday, with no votes planned.

Democrats have little incentive to negotiate until they take over the House of Representatives on Jan. 3 and gain leverage in the talks. And Senate Minority Leader Chuck Schumer’s spokesman, Justin Goodman, said both sides remain far apart.

“We on the Republican side do not want to vote for a bill the president won’t sign,” Senator Pat Roberts, a Kansas Republican, told reporters in the Capitol Thursday. “So hopefully Senator Schumer and the Democrat leadership will come up with a number that satisfies the president for border security.”

Resolution of the standoff may end up involving a face-saving deal on a barrier that Trump can call a wall.

“They can call it anything they want to, barrier or fence,“ Roberts said.

There’s little indication of any imminent agreement to resolve the standoff as the new Congress is set to convene next week. Trump is demanding $5 billion for the wall, while Democratic leaders have proposed $1.3 billion for border security. Congressional leaders remained out of town, while Trump returned to Washington early Thursday from an unannounced visit to U.S. troops in Iraq. The Senate and House held brief sessions on Thursday but took no votes. Lawmakers will be given 24 hours notice if there is a breakthrough that would require a vote. Senator Chris Van Hollen, a Maryland Democrat, urged the House to pass a Senate bill that would guarantee full retroactive pay to federal employees once their agencies reopen.

Latest Developments

Trump tweeted that most federal employees who are losing pay because of the shutdown are Democrats, though he provided no evidence to support the claim. Virginia Senator Mark Warner, the top Democrat on the Intelligence Committee, called Trump’s tweet “outrageous,” adding on Twitter that “federal employees don’t go to work wearing red or blue jerseys.” Goodman said Schumer, a New York Democrat, had rejected an offer conveyed earlier by Vice President Mike Pence of $2.1 billion for new border barriers, along with $400 million for other Trump immigration priorities. Schumer told Pence that Democrats won’t consider any offer without a public endorsement by Trump because the president has changed his position so often, Goodman said.

Next Steps

Democratic leaders in the House and Senate have been negotiating with the Trump administration. Once they reach agreement, Senate Majority Leader Mitch McConnell said he’ll seek a vote on the deal. If the shutdown lasts past Jan. 3, when Democrats assume control of the House, Democratic leader Nancy Pelosi, who is in line to become speaker, said the chamber will pass a spending bill to reopen the government — without money for a wall.

Key Impacts

The shutdown, which began Saturday, affects nine of 15 federal departments, dozens of agencies and hundreds of thousands of workers. Among the departments without funding are: Justice, Homeland Security, Interior and Treasury. Independent agencies, including the Securities and Exchange Commission, are also affected. The departments whose funding lapsed represent about a quarter of the $1.24 trillion in government discretionary spending for fiscal year 2019. An estimated 400,000 federal employees will work without pay and 350,000 will now be furloughed, according to a congressional Democratic aide. Federal employees working without pay and those now furloughed are getting their Dec. 28 paychecks under a decision by the White House budget office since pay reflects work before Dec. 21. The remaining parts of the government, including the Defense Department, Departments of Labor and Health and Human Services, were already funded and won’t be affected by the shutdown, nor will mandatory entitlement programs like Medicare payments.

About the Author
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

A bag of money.
Personal Financechecking accounts
Best checking account bonuses for July 2026: Bonuses between $250 and $5,000
By Joseph HostetlerJuly 2, 2026
2 hours ago
New bonus alert: HSBC Premier checking offering up to $5,000 bonus (for a limited time)
Bankingchecking accounts
New bonus alert: HSBC Premier checking offering up to $5,000 bonus (for a limited time)
By Joseph HostetlerJuly 2, 2026
2 hours ago
Michael Shaulov, chief executive officer and co-founder of Fireblocks Inc.
CryptoCFO Daily
Why CFOs should pay attention to Open USD—the new stablecoin backed by more than 140 companies
By Sheryl EstradaJuly 2, 2026
3 hours ago
Scott Bessent, US treasury secretary, during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, June 23, 2026.
Economynational debt
Elon Musk says AI is the only way to fix the $40 trillion U.S. debt crisis—but a new study says even the most optimistic scenario won’t fill the hole
By Eleanor PringleJuly 2, 2026
4 hours ago
A test of Anduril's Altius drone.
NewslettersTerm Sheet
Defense tech could be entering its awkward teenage years. Is the boom a bubble?
By Allie GarfinkleJuly 2, 2026
4 hours ago
em
Commentary250 Years of Innovation
America’s 250th birthday has Elon Musk and a record IPO. Its 15th had Alexander Hamilton — and a stock market bubble
By Owen LamontJuly 2, 2026
4 hours ago

Most Popular

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
1 day ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
7 days ago
Current price of oil as of July 1, 2026
Personal Finance
Current price of oil as of July 1, 2026
By Joseph HostetlerJuly 1, 2026
1 day ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
5 days ago
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
Newsletters
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
1 day ago
Trump got a $78K pension from the Screen Actors Guild in 2025 because he appeared in Home Alone 2 in 1992
Politics
Trump got a $78K pension from the Screen Actors Guild in 2025 because he appeared in Home Alone 2 in 1992
By Sasha RogelbergJuly 1, 2026
22 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.