$100M-a-Day Federal Shutdown Buys A Lot of Obama Initiatives
Remember when President Obama ordered his Cabinet to come up with $100 million in spending cuts last year?
Sadly, the snowstorm blasting the nation's capital wiped out those savings in a day.
While D.C. residents take out their snow shovels for untold hours of back-breaking labor, the Office of Personnel Management estimates that the shuttering of the federal government is breaking the bank as well -- costing taxpayers about $100 million every day in lost productivity.
With Friday's half day, and three full days of government shut-down this week, that adds up to $350 million -- and it could top $500 million if the government, with its 230,000 D.C.-area employees, remains closed through the end of the week...
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