Some 42,000 active-duty U.S. Coast Guard people вЂ” including 700 in hillcrest вЂ” and 8,700 civilian workers could get some economic respite from the partial federal federal government shutdown following the Coast Guard, along side USAA, announced a $15 million contribution to Coast Guard Mutual Assistance, a nonprofit that offers zero-interest loans to solution people in need of assistance.
Week the Coast Guard is part of the Department of Homeland Security, which remains unfunded during the shutdown, now in its fourth. The remainder military is beneath the Department payday loans review of Defense, which continues to be funded.
вЂњToday you’ll not be getting your regularly scheduled mid-month paycheck,вЂќ Adm. Karl Schultz, commandant of this Coast Guard, penned in a blog post Tuesday. вЂњTo the very best of my knowledge, this marks the very first time within our country’s history that solution users in a U.S. armed force haven’t been compensated within a lapse in federal government appropriations.вЂќ
Because of a $15 million donation from insurance and banking behemoth USAA, Coast Guard Mutual Assistance will start disbursing loans that are interest-free active-duty and civilian workers associated with the Coast Guard, he stated.
On you and your family, and we are working closely with service organizations on your behalf,вЂќ Schultz saidвЂњ I recognize the anxiety and uncertainty this situation places. (more…)