Economics
Government Contractors to Lose Out on Shutdown Pay, Dragging Down Economy
- Hassett says effect on contractors was greater than thought
- Smaller consulting firms ‘may have to close their doors’
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Like others caught up in the U.S. government shutdown, Brent Langdon has been cutting back on spending and is worried about his next mortgage payment.
Yet unlike the hundreds of thousands of federal workers affected by the funding impasse, Langdon can’t look forward to eventually getting back pay because he is a contractor.