Low-income families face a financial cliff as government shutdown threatens 4 federal aid programs

Low-income families face a financial cliff as government shutdown threatens 4 federal aid programs

Millions of Americans are sliding toward a financial cliff as the government shutdown stretches into a second month, with four federal assistance programs for low-income families set to run out of funding on Nov. 1. Some families could lose access to multiple sources of government support. Ashley Trent, a 37-year-old single mother of six, expressed concern she…

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As they miss paychecks, furloughed federal workers are taking out bank loans to help pay the bills

As they miss paychecks, furloughed federal workers are taking out bank loans to help pay the bills

Some federal workers going unpaid during the U.S. government shutdown are resorting to taking out bank loans to tide them over financially. A San Antonio, Texas, woman whose husband works for the Department of Defense, told CBS News her family is relying on a no-interest loan from the United Services Automobile Association (USAA) to pay the…

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