Bill Would Give Feds Immediate Financial Relief From Shutdown Through $6,000 Loans

As the shutdown drags on into its 27th day, lawmakers are attempting to alleviate some of the financial pain felt by affected federal employees. A bill introduced by newly-elected Rep. TJ Cox, D-Calif., on Thursday would offer employees at shuttered agencies a no-interest loan of up to $6,000 to help pay mortgages and cover bills for other necessities. A credit check would not be necessary in order to qualify, and the amount of the loan would be automatically deducted from the recipient’s paycheck once government reopens.

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