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Friday, Jul. 3, 2020

Is the cost of another day off for federal workers meaningful relative to the national debt?

Allegra Taylor, Gigafact
no

According to a 2017 calculation, the U.S. government pays its 1.97 million employees about $524 million a day. That sum represented about 0.013% of $4 trillion in spending in 2017, about .002%, or two one-thousandths of a percent, of the June 2020 national debt of $26.4 trillion.

Updated June 18, 2021: Congress approved Juneteenth as an eleventh federal holiday.

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