The government shutdown affects Americans in different ways – everything from no seasonal flu program to the shuttering of 400 national parks and museums to limited Veterans’ benefits.
Companies doing business with the government are no different. Defense contractors face a $1 billion loss every day the government is closed. Some contractors who “provide support” will still receive checks, but what does “providing support” really mean?
At a Bloomberg Government breakfast, Representative Chris Van Hollen (D-MD), added some clarity. The ranking member on the House Budget Committee told the room providing support covers “essential personnel and services” only.
Keep reading this articole at: http://blog.bloomberg.com/2013-10-01/1-billion-a-day-how-the-govt-shutdown-affects-defense-contractors/
