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US government shut-down - impact on Alaska

September 29, 2013

As Tuesday marks the start of the US government fiscal year, an impasse between the political parties will likely lead to a shut-down of 1/3 of the US government operations for a period of time. 

About one-third of the government will shut down. About 800,000 of about 2.1 million federal employees will be sent home without pay. There are about 23,000 federal employees in Alaska, mainly associated with the US military. The likely impacts for Alaska will include:

The functions likely to be unaffected:

Commentary

The hardest hit area will be the parks and Interior Department employees. Economically the impact would grow with the duration of the furlough and the number of employees affected.

Sources

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Source: NYTimes via ZeroHedge.