Sen. Wyden Introduces Bill to Keep Contractors Afloat During Shutdowns

Senator Ron Wyden (D-OR)

U.S. Senator Ron Wyden joined Democratic colleagues in pushing for a bill that would allow federal contractors — who do not received back pay — to access funds during a future shutdown.

Posted: Feb 14, 2019 6:04 PM

WASHINGTON, D.C. — U.S. Senator Ron Wyden of Oregon is among a group of Democrats introducing a new bill aimed at helping federal contractors in the event of another government shutdown.

“Federal employees who missed paychecks during the Trump shutdown will eventually get their back pay, but nobody should forget about the millions of contractors and their families left uncovered after a senseless five-week shutdown,” said Wyden, Ranking Member of the Senate Finance Committee.

The Emergency Relief for Federal Contractors Act would waive an existing 10 percent penalty for federal contractors taking a hardship withdrawal from their retirement account. It would also allow those contractors to recontribute those distributions up to $30,000 within a three-year period.

For contractors who don't recontribute their qualified shutdown distribution, this bill would allow them to include the amount of their qualified shutdown distributions ratably over a three-taxable-year period.

“When the government shuts down and contractors miss paychecks through no fault of their own, they should not be penalized for dipping temporarily into their retirement savings to make ends meet,” Wyden said. “This is a commonsense way to relieve some of the financial pressure that government shutdowns inflict on contractors, many of whom are already living paycheck to paycheck in the best of circumstances.”

Wyden was joined by U.S. Senators Catherine Cortez Masto and Patty Murray in introducing the bill, and found co-sponsors in a number of other leading Democratic Senators.

Oregon Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 4185

Reported Deaths: 153
CountyConfirmedDeaths
Multnomah114259
Marion94925
Washington73417
Clackamas30611
Deschutes1240
Umatilla1163
Linn1159
Polk9812
Lane693
Yamhill697
Jackson650
Benton555
Clatsop450
Klamath440
Malheur320
Coos310
Jefferson300
Douglas270
Wasco231
Josephine231
Hood River160
Columbia160
Lincoln120
Morrow110
Curry70
Union60
Tillamook60
Crook60
Wallowa20
Lake20
Sherman10
Harney10
Grant10
Baker10
Unassigned00

California Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 109895

Reported Deaths: 4144
CountyConfirmedDeaths
Los Angeles537462339
Riverside7486323
San Diego7385269
Orange6100146
San Bernardino5200204
Alameda328995
Santa Clara2731141
San Francisco253241
Kern214538
San Mateo210484
Tulare184484
Fresno171435
Santa Barbara164912
Imperial163427
Contra Costa142637
Sacramento140056
Ventura107833
San Joaquin85834
Kings7353
Stanislaus69928
Sonoma5484
Solano51722
Monterey50910
Marin45014
Merced2837
San Luis Obispo2691
Placer2149
Santa Cruz2122
Yolo21024
Napa1123
Madera1042
Humboldt993
El Dorado900
San Benito872
Del Norte450
Butte440
Sutter432
Nevada411
Shasta374
Mono351
Mendocino300
Yuba301
Lake210
Inyo201
Mariposa161
Glenn160
Calaveras150
Amador100
Siskiyou70
Colusa50
Lassen50
Tuolumne40
Tehama41
Plumas40
Alpine20
Sierra10
Trinity10
Unassigned00
Medford
Overcast
60° wxIcon
Hi: 74° Lo: 52°
Feels Like: 60°
Brookings
Clear
63° wxIcon
Hi: 64° Lo: 48°
Feels Like: 63°
Crater Lake
Broken Clouds
57° wxIcon
Hi: 65° Lo: 48°
Feels Like: 57°
Grants Pass
Scattered Clouds
63° wxIcon
Hi: 74° Lo: 49°
Feels Like: 63°
Klamath Falls
Broken Clouds
57° wxIcon
Hi: 68° Lo: 48°
Feels Like: 57°
Few showers Sunday
KDRV Radar
KDRV Fire Danger
KDRV Weather Cam

Community Events